Exhibit 23.2


                          Form 10-KSB December 31, 2004
                         Consent of Experts and Counsel

                       Consent of Ronald R. Chadwick, PC.



              CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS



     I have issued my report dated April 11, 2005 relating to the financial
statements of Arete Industries, Inc. for the year ended December 31, 2004, which
appears in the annual report on Form 10-KSB for year ended December 31, 2004. I
consent to the incorporation by reference in this Report on Form 10-KSB for the
fiscal year ended December 31, 2004, and consent to it being incorporated by
reference into two certain '33 Act Registration Statements filed by Arete
Industries, Inc., as registrant on Form S-8 filed on May 5, 2004, and January 6,
2005, of the aforementioned report.


Date:    April 14, 2005             By:  /s/ Ronald R. Chadwick PC.
       ----------------                  ---------------------------
                                         Ronald R. Chadwick
                                         2851 South Parker Road
                                         Suite 720
                                         Aurora, Colorado  80014