Aroway Energy Inc. Drills New Oil Well in Southern Alberta

Aroway Energy Inc. Drills New Oil Well in Southern Alberta 
CALGARY, ALBERTA -- (Marketwire) -- 03/13/13 -- AROWAY ENERGY INC.
(TSX VENTURE:ARW)(OTCQX:ARWJF) (www.arowayenergy.com) (the "Company")
is pleased to announce it has drilled and cased an exploration test
well on its 100% owned and operated property in the Little Bow region
of Southern Alberta. The 1500 meter light oil exploration test well,
targeted and encountered prospective deep horizons as well as a
shallower upper Manville target. Aroway is managing the exploration
risk of this well by farming out a portion to an industry partner
resulting in Aroway paying 63.5% of all costs associated with this
well to maintain a 75% interest of all the revenue from this oil
exploration test well. Aroway will commence production testing when
ground and local municipal conditions permit.  
Chris Cooper, President & CEO commented, "We are very encouraged with
the logs from this exploration test well which is a step out from the
prolific Little Bow Upper Manville Pool, which has produced over 12
million barrels of oil to date and is currently in the process of
tertiary recovery. Heading into spring break-up, we will be
finalizing our 2013 exploration and development program and look
forward to production testing our new well in Little Bow." 
ABOUT AROWAY ENERGY INC. 
Aroway Energy Inc. is a Western Canadian junior oil focused
production and Exploration Company participating in oil development &
exploration prospects in Alberta and Saskatchewan, Canada. Through a
joint venture partnership in the Peace River Arch of Northern,
Alberta, Aroway and its Partner have assembled a land package of 110
sections (70,400 acres) with 3D seismic coverage over almost all of
its lands. All exploration and development targets are in close
proximity to tie-in, gathering and plant infrastructure, controlled
and owned by Aroway's Joint Venture Partner. Aroway also has 100%
operated working interest on a 3D seismically defined exploration
property in Central Alberta and a highly economic heavy oil producing
property in West Hazel, Saskatchewan.  
ON BEHALF OF AROWAY ENERGY INC 
Chris Cooper, President & CEO 
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 nd does not necessarily
represent a value equivalency at the wellhead. Boes may be
misleading, particularly if used in isolation.  
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. 
Contacts:
Aroway Energy Inc.
Chris Cooper
President & CEO
Toll Free: 1-855-427-6929
cooper@arowayenergy.com 
Aroway Energy Inc.
Judy-Ann Pottinger
Director of Communications
Toll Free: 1-855-427-6929
jpottinger@arowayenergy.com
www.arowayenergy.com
 
 
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