SWE

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TSX V Trading Symbol: SWE CALGARY, Aug. 23, 2012 /CNW/ - SilverWillow Energy Corporation has filed its second quarter financial statements and management's discussion and analysis for the quarter ended June 30, 2012. The second quarter financial statements and management's discussion and analysis are available for viewing on our website at www.swenergy.ca and on SEDAR at www.sedar.com. About SilverWillow Energy SilverWillow Energy Corporation is a Calgary, Alberta based pre-production oil sands company with a portfolio of exploration leases in Canada's Athabasca oil sands.  To learn more, please visit www.swenergy.ca. 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 SilverWillow Energy Corporation CONTACT: Please contact Howard J. Lutley, President and Chief ExecutiveOfficer,at (403) 538-7030.

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