FairWest Energy Corporation

FairWest Energy Corporation

April 23, 2012 09:30 ET

FairWest Energy Announces Year End Financial Results and Reserves

CALGARY, ALBERTA--(Marketwire - April 23, 2012) - FairWest Energy Corporation ("FairWest" or the "Company") (TSX VENTURE:FEC) announces that the Company has filed its audited financial statements and management's discussion and analysis ("Financials") for the year ended December 31, 2011 on SEDAR. The full text of the Financials can be found at www.sedar.com and on the Company's website at www.fairwestenergy.com.

In addition, the Company announces that pursuant to National Instrument 51-101, it has filed its Form 51-101F1 Statement of Reserves Data and Other Oil and Gas Information, Form 51-101F2 Statement of Reserves Data by Independent Qualified Reserves Evaluator and Form 51-101F3 Report of Management and Directors on Oil and Gas Disclosure, which statements are available for public viewing at www.sedar.com and on the Company's website at www.fairwestenergy.com.

About FairWest Energy

FairWest (TSX VENTURE:FEC) is a Calgary, Alberta based junior oil and gas company engaged in the acquisition, exploration, development and production of crude oil, natural gas and natural gas liquids in the provinces of Alberta and Saskatchewan.

283,854,775 Common Shares Issued

READER ADVISORY Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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