Aroway Energy Inc. provided the operations update on drilling scheduled for its joint venture operated core area Peace River Arch Property and its 100% owned and operated Kirkpatrick Lake Property. At the company's 100% owned and operated Kirkpatrick Lake property, the scheduled two exploration oil wells have been surveyed and are in the final stages of the regulatory approval process, at which time they will be immediately licensed and a rig contracted to drill both wells. The wells were selected from proprietary 3D seismic and are nearby significant oil production from the company's target Ellerslie formation.

All the services are in place to equip the wells assuming the initial test results confirm the productivity of the wells. At the company's core property in the Peace River Arch, the operating partner is in the final stages of obtaining regulatory approvals on an initial two well shallow oil program to be drilled before year end with a larger program planned for 2013 based on the success on these initial wells. Additionally, the operator is just finishing installing pipe and equipment to tie-in one of the three year end program wells, which resulted in one Leduc well which have yet to stabilize in terms of production, and a Triassic oil well nearing a stabilized rate of production.