Athabasca Oil Sands Corp. to Release 2011 First Quarter Financial Results Thursday, May 12, 2011

CALGARY, May 9 /CNW/ - Athabasca Oil Sands Corp. (TSX: ATH) will issue its 2011 first quarter financial results on Thursday, May 12, 2011 before the market opens. The company will provide an update on its current activities along with the financial statements and management's discussion and analysis (MD&A) for the period ended March 31, 2011. These will be available on the company's website at www.aosc.com or from the SEDAR website at www.sedar.com.

Athabasca forms strategic partnerships to bring together the best technology, research and operational strength to deliver high standards in environmental performance, stakeholder relations and risk management. Common shares of Athabasca are traded on the Toronto Stock Exchange (TSX) under the symbol of ATH.

SOURCE Athabasca Oil Sands Corp

For further information:

MEDIA:  FINANCIAL COMMUNITY:
Heather Douglas  Tracy Robinson
Vice President, Communications & External Affairs  Manager, Investor Relations
(403) 532-7408  (403) 532-7446
hdouglas@aosc.com  trobinson@aosc.com

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Athabasca Oil Sands Corp

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