Seaway Announces Private Placement

Seaway Energy Services Inc. ("Seaway") (TSX VENTURE:SEW) is pleased to announce
that it has closed its previously announced non-brokered private placement (the
"Private Placement") of 1,900,000 units (each a "Unit") at a price of CDN $0.05
per Unit. Each Unit consists of one common share of Seaway and one
non-transferable common share purchase warrant (a "Warrant"). Each whole Warrant
entitles the holder thereof to acquire one common share of Seaway (each a
"Warrant Share") at a price of $0.10 per Warrant Share on or before the day that
is 24 months from the date of the Private Placement. In accordance with
applicable securities laws, the foregoing Units are subject to four-month hold
period from the date of issuance.


Overview

Seaway is a Calgary-based corporation providing environmental consulting
services to the oil and gas industry. These services include managing the
construction of oil and gas leases and access roads, cleanup of leases and roads
following drilling activity and reclamation of leases following drilling and
production. Copies of the Corporation's documents may be obtained electronically
from the SEDAR system at www.sedar.com or on the Company's website
www.seawayenergy.com.


Seaway is listed on the TSX Venture Exchange under the symbol "SEW".