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NWN

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0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:NWN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

NWest Energy Announces Claim Notice

13/10/2012 12:00am

Marketwired Canada


NWest Energy Corp. ("NWest" or the "Corporation") (TSX VENTURE:NWN) announces
that it has been served with a statement of claim by Geophysical Services
Incorporated ("Geophysical") relating to the transfers of exploration licence
EL1097R to Shoal Point Energy completed on January 17, 2012 and March 23, 2012.
Geophysical is seeking damages of $1,951,811.50. Management believes the claim
to be frivolous towards the Corporation and without merit. The Corporation
intends to fully defend its interests and take all other actions available to it
and will provide a further update once additional information is available. 


About NWest Energy

Further information regarding the Corporation is available at www.nwestenergy.com.

The statements made in this News Release may contain certain forward-looking
statements. Actual events or results may differ from the Corporation's
expectations. Certain risk factors may also affect the actual results achieved
by the Corporation. A description of assumptions used to develop such
forward-looking information and a description of risk factors that may cause
actual results to differ materially from forward-looking information can be
found in NWest's disclosure documents on the SEDAR website at www.sedar.com. 


There can be no assurance that forward-looking information will prove to be
accurate. Should one or more of these risks and uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary
materially from any conclusions, forecasts or projections described in the
forward-looking information. Accordingly, readers are advised not to place undue
reliance on forward-looking information. Except as required under applicable
securities legislation, the Corporation undertakes no obligation to publicly
update or revise forward-looking information, whether as a result of new
information, future events or otherwise.


1 Year NWest Energy Corp. Chart

1 Year NWest Energy Corp. Chart

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1 Month NWest Energy Corp. Chart