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File: Aroway -Operations Update May 2015.doc

AROWAY ENERGY INC. COMPANY UPDATE
 
Calgary, Alberta, May 28, 2015 - AROWAY ENERGY INC. (TSX-V: ARW) (www.arowayenergy.com) (the "Company") announces that
---> the Company continues to operate through this lower oil price period at the Company's West Hazel heavy oil property i
--->n Saskatchewan.  The wells at West Hazel were temporarily shut-in for maintenance during the lowest price / netback pe
--->riod, and operations to get the wells back producing are currently underway.  The heavy oil field is expected to be pr
--->oducing at full capacity within the next few weeks as the wells production rates are increased to a level that reaches
---> stable consistent production.
Production at the Company's Kirkpatrick Lake light oil property in Central Alberta has been shut-in while the Company 
--->explores a more suitable and economic method to address the costs associated with the produced water volumes. The Comp
--->any is actively pursuing options to reduce operating costs at Kirkpatrick Lake in order to resume oil production.  
The Company planned to drill a test well at its Kerrobert property in West Central Saskatchewan, however, as a result 
--->of the current oil price, management has decided to suspend its exploration work program until a more stable oil price
---> can be predicted. Management has taken steps to extend the drilling commitments on the lands.
The Company continues to work to close a debt financing which it has been negotiating for several months.  Despite the
---> delays the Company is confident the financing will close. In the meantime the Company remains committed to continue i
--->ts operations and remains focused on paying down its existing debt.  Once the Company has secured the debt financing, 
--->it will be in a position to move forward on its strategy to pursue and acquire new conventional oil producing properti
--->es. 
Chris Cooper, President  & CEO of Aroway Energy commented, "The delay in our funding is frustrating from both a manage
--->ment and shareholder prospective, but closing the financing remains a priority for the Company.  Despite the delays, I
---> am confident we will close the financing and be in a position to execute our growth strategy."
ABOUT AROWAY ENERGY INC.

Aroway Energy Inc. is a western Canadian junior oil production and exploration company participating in oil developmen
--->t & exploration prospects in Alberta and Saskatchewan. Aroway operates and owns a 100% working interest, operated  hea
--->vy oil producing property in West Hazel, Saskatchewan, and  a 100% working interest, operated  light oil producing pro
--->perty in Kirkpatrick Lake in Central Alberta, additionally,  it  has access to a large contiguous prospective  land ba
--->se in the Kerrobert area of West Central Saskatchewan.  
ON BEHALF OF AROWAY ENERGY INC

"Chris Cooper"
President & CEO


For further information, please contact: 

Aroway Energy Inc.:         Aroway Energy Inc.:       
Chris Cooper, President & CEO            Judy-Ann Pottinger, Director of Communications         
Toll Free: 1-855-427-6929               Toll Free: 1-855-427-6929              
E-mail: cooper@arowayenergy.com     E-mail: jpottinger@arowayenergy.com     
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.