Arrow Energy Ltd.

Arrow Energy Ltd.

April 25, 2008 17:38 ET

Arrow Announces Grant of Stock Options

EDMONTON, ALBERTA--(Marketwire - April 25, 2008) - Arrow Energy Ltd. (TSX VENTURE:AOF)("Arrow") announces that, in accordance with the policies of the TSX Venture Exchange and subject to approval of the disinterested shareholders at the next Annual General Meeting, the board of directors has approved a grant of stock options to directors of Arrow to purchase an aggregate of 1,150,000 common shares at an exercise price of $0.22 per common share pursuant to its stock option plan. The stock options expire five years from the date of grant.

Arrow is a Calgary-based junior resource company engaged in the exploration, development and production of natural gas and oil primarily in the Peavine/Dawson, Westlock, and Redwater/Jeffrey areas of Alberta.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Arrow Energy Ltd.
    Chris Tesarski
    President & CEO
    (403) 237-9996 or Toll Free: 1-866-528-9996
    (403) 264-0416 (FAX)