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FairWest Energy Announces Termination of Private Placement

CALGARY, ALBERTA -- (Marketwire) -- 11/16/12 -- FairWest Energy Corporation (TSX VENTURE:FEC) announces that it has not issued any common shares pursuant to the previously announced offering of up to 100 million Common Shares at $0.05 per share and has terminated the offering.

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.

319,654,775 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.

Contacts:
FairWest Energy Corporation
Vern Fauth
Chief Executive Officer
(403) 264-4949
(403) 269-1761 (FAX)
vfauth@fairwestenergy.com

FairWest Energy Corporation
Douglas O. McNichol
President and Chief Operating Officer
(403) 264-4949
(403) 269-1761 (FAX)
dmcnichol@fairwestenergy.com

FairWest Energy Corporation
Marion D. Mackie
Chief Financial Officer
(403) 264-4949
(403) 269-1761 (FAX)
mmackie@fairwestenergy.com

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