FairWest Energy Corporation
TSX : FEC

FairWest Energy Corporation

November 08, 2006 18:35 ET

Fairwest Energy Corporation Announces Revision to Year End Guidance and Webcast of Live Presentation

CALGARY, ALBERTA--(CCNMatthews - Nov. 8, 2006) - FairWest Energy Corporation (TSX:FEC) ("FairWest") today participated at the Small Explorers and Producers Association of Canada ('SEPAC") investment symposium. During FairWest's presentation, FairWest provided a revised exit production rate for 2006 to 600 boe/d and revised its estimate of average production for the year to 270 boe/d. The revised 2006 estimates of average production and year end exit rate estimates are not the result of any material change in FairWest's activities. The previously announced production rate of 1,000 boe/d is expected during the 1st quarter of 2007.

The SEPAC presentation handout is now available on FairWest's website. A Webcast of FairWest's live presentation is being provided by SEPAC and will also be available on FairWest's website as soon as the link has been provided to FairWest. FairWest expects to receive the necessary link within the next few days.

FairWest will provide its third quarter financial and operational results on November 14, 2006.

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

Contact Information

  • FairWest Energy Corporation
    James G. Gettis
    President and Chief Executive Officer
    (403) 264-4949
    (403) 269-1761 (FAX)
    or
    FairWest Energy Corporation
    Marion D. Mackie
    Chief Financial Officer
    (403) 264-4949
    (403) 269-1761 (FAX)