CALGARY, ALBERTA -- (Marketwire) -- 08/18/11 -- AROWAY ENERGY INC. (TSX VENTURE: ARW)(PINK SHEETS: ARWJF) (www.arowayenergy.com) (the 'Company') is pleased to announce the appointment of Dave Contrada as its new Manager of Engineering. Dave Contrada brings over 10 years' experience in exploitation, production, operations and facilities engineering, identifying and evaluating property acquisitions, development strategies, production optimization, engineering reports and budgeting. Dave received his Bachelor of Science in Mechanical Engineering from the University of Calgary. He began his career with Altagas as an operations engineer and has held Production & Exploitation engineering positions with Cedar Energy Partnership, Husky Energy Inc., and most recently served as Engineering Manager for Alberta Oilsands Inc.
Chris Cooper, President of Aroway, commented, 'We are very pleased to have Dave join the team, and I am very confident his experience and expertise will provide increased shareholder value almost immediately.'
About Aroway Energy Inc.
Aroway Energy Inc. is a Western Canadian junior oil and gas production and exploration company participating in 'non-operated' Peace River Arch oil and gas exploration prospects, through a joint venture partnership. All of the planned exploration and/or development wells to be drilled are defined by 3-D seismic, have multi-zone prospectivity and are close to the joint venture partner's owned and operated infrastructure.
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President & CEO
BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
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