Seaway Energy Services Inc. (TSX VENTURE:SEW) ("Seaway") is pleased to announce
that, subject to the approval of the TSX Venture Exchange, it has arranged a
non-brokered private placement (the "Private Placement") of up to 1,900,000
units (each a "Unit") at a price of CDN $0.05 per Unit. Each Unit consists of
one common share of Seaway and one non-transferable common share purchase
warrant (a "Warrant"). Each whole Warrant entitles the holder thereof to acquire
one common share of Seaway (each a "Warrant Share") at a price of $0.10 per
Warrant Share on or before the day that is 24 months from the date of the
Private Placement.


Overview

Seaway is a Calgary-based corporation providing environmental consulting
services to the oil and gas industry. These services include managing the
construction of oil and gas leases and access roads, cleanup of leases and roads
following drilling activity and reclamation of leases following drilling and
production. Copies of the Corporation's documents may be obtained electronically
from the SEDAR system at www.sedar.com or on the Company's website
www.seawayenergy.com.


Seaway is listed on the TSX Venture Exchange under the symbol "SEW".

Certain statements contained in this document are "forward-looking statements".
The projections, estimates and beliefs contained in such forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause actual results or events to differ materially from those
anticipated in any forward-looking statements. Seaway believes the expectations
reflected in those forward-looking statements are reasonable; however Seaway
cannot provide any assurance that these expectations will prove to be correct.


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