SOURCE: Ameriwest Energy Corp.

April 16, 2008 09:00 ET

Ameriwest Energy Selects TCF Services as Field Operators

CASPER, WY--(Marketwire - April 16, 2008) - Ameriwest Energy Corp. (OTCBB: AWEC) ("Ameriwest" or the "Company") is pleased to announce that it has selected Wyoming-based TCF Services, Inc. ("TCF") as managers of field operations.

TCF Services provide well site drilling and completion consulting services for operations primarily in Wyoming and Colorado and are registered in the State of Wyoming to provide professional engineering services. They bring over 60 years experience in drilling and production operations, as well as operations management in various basins throughout the Rocky Mountain region.

TCF will manage onsite preparations and ongoing oil and gas drilling, completion, workover and facility design and operations. The principal operators of TCF Services are Jeffrey B. Bennett, a 28 year veteran oil industry specialist who brings significant knowledge in the area of performance drilling and directional drilling applications, and TCF Services founder and ex-Conoco engineer Stephen R. Cathey, who brings 31 years of noteworthy oil and gas industry expertise.

Ameriwest Company President Walter Merschat comments, "We are very pleased by the selection of TCF Services as our field operators. When we went looking for a firm to assist us in this area, TCF was at the top of the list. We are grateful that a company of this caliber was ready to assist us and look forward to an excellent working relationship."

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 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

Contact Information

  • Investor Relations Contact:
    Great Northwest Investor Relations, Inc.
    1-888-697-4712
    Visit our website at www.ameriwestenergy.com