May 24, 2016

CALGARY, ALBERTA–(Marketwired – May 24, 2016) – Athabasca Oil Corporation (TSX:ATH) (“Athabasca” or the “Company”) has resumed operations at Hangingstone following a shutdown on May 5th due to the wildfires in the Fort McMurray region. There has been no damage to Athabasca’s assets. Prior to the shutdown, production volumes reached in excess of 9,000 bbl/d. The Company expects the reservoir

From Canadian Safety Reporter/Reuters EDMONTON/CALGARY, Alberta (Reuters) — Fighting massive forest fires is dangerous and taxing enough, but those sent into Canada’s oil sands are not only wrestling with one of the worst wildfires in the country’s history. They are doing it surrounded by the volatile, explosive chemicals and compounds critical to pumping oil from some of the world’s largest reserves.