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Press release from CNW Group

Athabasca Oil Corporation to Participate in Oil Sands Panel Discussion at the 2012 RBC Capital Markets' Global Energy and Power Conference in New York

Friday, June 01, 2012

Athabasca Oil Corporation to Participate in Oil Sands Panel Discussion at the 2012 RBC Capital Markets' Global Energy and Power Conference in New York06:00 EDT Friday, June 01, 2012CALGARY, June 1, 2012 /CNW/ - Sveinung Svarte, president and CEO, will participate in a heavy oil and oil sands panel discussion with a live webcast at:RBC Capital Markets' Global Energy and Power ConferenceMonday, June 4, 2012 4:05 PM EDTTo listen and view this online event, please visit:http://www.wsw.com/webcast/rbc143/panel7/It will be available in an archived link for 30 days following at this site.Athabasca is a dynamic, Canadian company focused on the development of oil resource plays in Alberta, Canada. The company has accumulated an extensive, high quality resource base suitable for the extraction of extra heavy crude oil (bitumen) and light oil.  Well financed and endowed with quality assets and talented people, Athabasca is poised to become a major Canadian oil producer. It aspires to produce 220,000 barrels of oil equivalent per day by 2020, half extra heavy oil and half light oil. Athabasca's common shares trade on the TSX under the symbol ATH.For further information: Media Heather Douglas Vice President, Communications & External Affairs (403) 532-7408 hdouglas@atha.com Financial Community  Tracy Robinson Manager, Investor Relations (403) 532-7446 trobinson@atha.com