SOURCE: Ameriwest Energy Corp.

Ameriwest Energy Corp.

April 20, 2009 14:08 ET

Ameriwest Energy Advises of Delay to Annual Report

CASPER, WY--(Marketwire - April 20, 2009) - Ameriwest Energy Corp. (OTCBB: AWEC) ("Ameriwest" or the "Company") wishes to advise that the Company's annual report on Form 10-K for the year ended December 31st will be filed late. As part of the Company's requirements as a reporting issuer, Ameriwest has advised the SEC that it requires additional time in order to finalize the Form 10-K report and expects a short extension to be permitted as allowable under SEC regulations. The Company will file the report within the next few days.

For more information, please contact Investor Relations at 1-888-697-4712 or by email at investors@ameriwestenergy.com

About Ameriwest Energy Corp. (OTCBB: AWEC)

Ameriwest Energy Corp. is a growing, expertly managed energy company focused on producing underdeveloped oil resources in the prolific Rocky Mountain region of the United States. The company is striking a strategic balance between low-risk tertiary recovery projects and extensively mapped exploration plays with significant upside potential. Visit our website at www.ameriwestenergy.com.

Notice Regarding Forward-Looking Statements

Except for statements of historical fact, this news release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding development and exploration activities. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Ameriwest to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Ameriwest Energy Corp., or any affiliates, has little or no control. Risks, uncertainties and other factors are discussed in documents filed from time to time by Ameriwest with the Securities and Exchange Commission. There is no assurance that Ameriwest's expectations will be realized, and actual results may differ materially from those expressed in the forward-looking statements. Information concerning oil reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed.

On Behalf of the Board
Ameriwest Energy Corp.
Walter R. Merschat, President

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