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ARW

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0.00 (0.00%)
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. Continues Drilling Success at Kirkpatrick Lake

19/12/2013 12:30pm

Marketwired Canada


AROWAY ENERGY INC. (TSX VENTURE:ARW)(OTCQX:ARWJF) (www.arowayenergy.com) (the
"Company") is pleased to announce the following update on its most recent oil
well at Kirkpatrick Lake in Central Alberta. The well was completed at a total
vertical depth of 1,130 meters as an Ellerslie oil well. Equipping operations
have begun with a pump jack being installed after which the well will be
pipelined tied-in to our existing new pool discovery well to begin oil
production. Production rates on this well will be released once stabilized
production flow rates have been collected. 


Chris Cooper, President & CEO of Aroway Energy commented, "We have high
expectations for this well and believe it will be an equally good producer as
our existing producing oil well in Kirkpatrick Lake. We are working to have the
well fully equipped, tied-in and producing as soon as possible, which will add
material oil production and a significant increase in oil revenue as we begin
our third quarter."


This is the second successful oil well drilled at Aroway's 100% owned and
operated core area in Kirkpatrick Lake. 


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 and has a 100% working interest in a light
oil producing property in Kirkpatrick Lake in Central Alberta. Through a joint
venture partnership, Aroway has 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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