AvenEx Energy Corp.

AvenEx Energy Corp.

February 15, 2013 13:08 ET

AvenEx Energy Corp. Closes Sale of Elbow River Marketing Business

CALGARY, ALBERTA--(Marketwire - Feb. 15, 2013) - AvenEx Energy Corp. ("AvenEx") (TSX:AVF) is pleased to announce that it has completed its previously announced sale of the assets of Elbow River Marketing Limited Partnership ("Elbow River") to a wholly owned subsidiary of Parkland Fuel Corporation ("Parkland") (TSX: PKI) for Cdn.$80 million, subject to final closing adjustments.

An electronic copy of this press release may be obtained on AvenEx's SEDAR profile at www.sedar.com.

AvenEx was created to provide stable, sustainable dividends to shareholders while providing modest growth and is focused on oil and gas development and production. AvenEx trades on the Toronto Stock Exchange under the symbol AVF.

For further information on AvenEx please go to our website at: www.avenexenergy.com.

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

Contact Information

  • AvenEx Energy Corp.
    William Gallacher
    President & CEO
    (403) 237-9949

    AvenEx Energy Corp.
    Gary H. Dundas
    Vice-President, Finance and CFO
    (403) 237-9949

    AvenEx Energy Corp.
    Suite 300, 808 - 1st Street S.W.
    Calgary, Alberta T2P 1M9
    (403) 237-0903 (FAX)