SOURCE: Ameriwest Energy Corp.

January 29, 2008 09:00 ET

Ameriwest Energy Announces Appointment of Company President

HOUSTON, TX--(Marketwire - January 29, 2008) - Ameriwest Energy Corp. (OTCBB: AWEC) ("Ameriwest" or the "Company") is pleased to announce the appointment of Walter R. Merschat as President and as a Director of the Company.

Mr. Merschat is a petroleum geologist with over 35 years of experience in the oil and gas business. He founded Scientific Geochemical Services (SGS) in 1987, as a company focused on conducting and interpreting geochemical surveys. Since its inception, SGS has conducted exploration surveys encompassing more than one hundred thousand sample locations in numerous offshore and onshore basins worldwide. Previous to forming SGS, Mr. Merschat worked for Gulf Research and Development, a division of Gulf Oil Co., where he focused on the execution and interpretation of geochemical programs in the Rocky Mountain region of Wyoming and in the Basin and Range geologic province of Nevada and Utah. During his tenure at Gulf, Mr. Merschat preformed the geochemical surveying on Ameriwest's Skull Valley prospect, located in Tooele County, Utah.

Mr. Merschat received an M.S. in Geology at Ohio University in 1971 and a B.S. in Geology in 1967.

Details regarding the appointment will be submitted to the Securities and Exchange Commission ("SEC") as part of the Company's Form 8-K filing dated January 29, 2008.

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.

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 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.

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

Contact Information

  • Investor Relations Contact
    Great Northwest Investor Relations, Inc.
    1-888-697-4712