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ARW

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Share Name Share Symbol Market Type
TSXV:ARW TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Aroway Energy Inc. Commences 3D Seismic Program at Kerrobert

23/01/2014 12:30pm

Marketwired Canada


AROWAY ENERGY INC. (TSX VENTURE:ARW)(OTCQX:ARWJF) (www.arowayenergy.com) (the
"Company") is pleased to announce that operations are well underway on a 3D
seismic acquisition program over its farmin lands in the Kerrobert area of
central Saskatchewan. Aroway will carry out the seismic operations over a 21
section area (13,440 acres) covering the lands on both of Aroway's farmin
agreements. Aroway's contiguous farmin lands consist of 18 sections or portions
of sections of freehold land (approximately 8,800 acres) held by a major
independent oil producer and approximately 11.5 sections (7360 acres) held by a
private oil and gas company. The 3D seismic program is the initial step towards
completing certain commitments under both of Aroway's farmin agreements under
which Aroway can elect to earn a 100% working interest subject to a royalty.


Chris Cooper, President & CEO commented, "We have now commenced material
activity at Kerrobert with a program which is a priority to Aroway as it
satisfies our initial work commitments under both of our farmin agreements. The
results of the 3D survey will dictate the forward drilling program, and most
importantly provide insight into the conventional targets that we feel are rife
in this exploration area."


ABOUT AROWAY ENERGY INC.

Aroway Energy Inc. is a western Canadian junior oil production and exploration
company participating in oil development & exploration prospects in Alberta and
Saskatchewan. Aroway operates and owns a highly economic heavy oil producing
property in West Hazel, Saskatchewan, owns a 100% working interest in a light
oil producing property in Kirkpatrick Lake in Central Alberta as well as a large
contiguous land base in the Kerrobert area of West Central Saskatchewan. Through
a joint venture partnership, Aroway also owns a 50% working interest in the
Peace River Arch of Northern, Alberta with 90 sections (57,600 acres) of land
with 3D seismic coverage on the majority of the land base, with the area
infrastructure controlled and owned by Aroway's Joint Venture Partner. 


ON BEHALF OF AROWAY ENERGY INC

Chris Cooper, President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. A conversion ratio of 1 barrel of
oil equivalent ("boe"); 6 Mcf has been used, which is based on an energy
equivalency conversion method primarily applicable at the burner tip and does
not necessarily represent a value equivalency at the wellhead. Boes may be
misleading, particularly if used in isolation. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Aroway Energy Inc.
Chris Cooper
President & CEO
Toll Free: 1-855-427-6929
cooper@arowayenergy.com


Aroway Energy Inc.
Judy-Ann Pottinger
Toll Free: 1-855-427-6929
jpottinger@arowayenergy.com
www.arowayenergy.com

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