West Hawk to Provide Technical and Commercial Services for NYEG
December 18 2007 - 12:21PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (TSX VENTURE: WHD)(FRANKFURT: H5N)
(the "Company") is pleased to announce that following meetings with
the New York Energy Group (NYEG) in Denver, Colorado last week that
West Hawk Development Corporation has been selected and contracted
by NYEG to provide technical and commercial input and review for
NYEG's coal gasification pilot plant.
The development and commercialization plant will be owned and
funded exclusively by NYEG.
The NYEG coal gasification facility will be the first plant
installed in the United States and it will act as a commercial and
research & development plant for bringing this state of the art
technology in gasification into commercial production. The site may
also be an R&D site for other future technologies.
"This is a great honor for West Hawk Development to be selected
to participate with the NYEG company to assist in the design,
engineering, and research work for this state of the art and very
exciting coal gasification technology. Every member of the West
Hawk Development team has energy expertise in coal, gasification,
electricity, liquids, and co-products," said Dr. Wm. Mark Hart,
President and CEO of West Hawk Development Corporation.
"West Hawk Development continues serious discussions with NYEG
to market and license their gasification technology in various
parts of the world. "I believe that we are getting close to a
deal," said Dr. John A. Reeves, Jr.
On behalf of the Board of Directors,
Dr. Wm. Mark Hart, President and Chief Executive Officer
About the Company: West Hawk Development Corp. is focused on
providing valuable, high-demand energy products from a variety of
sources. Assets include the Figure Four natural gas property
located in the Piceance Basin, Colorado, being developed under a
drilling and development agreement; the Tulita coal property in the
Northwest Territories; the Groundhog coal property located in
northwest British Columbia; and the Ellesmere Island, Nunavut
Territory coal property.
Cautionary Note: This report contains forward looking
statements, particularly those regarding cash flow, capital
expenditures and investment plans. Resource estimates, unless
specially noted, are considered speculative. The Company has filed
a National Instrument 51-101 Report on the Figure Four property.
The Company has filed National Instrument 43-101 Reports for each
of the Tulita coal property in the Northwest Territories, the
Nunavut Coal property and the Groundhog Coal property. Any and all
other resource or reserve estimates are historical in nature, and
should not be relied upon. By their nature, forward looking
statements involve risk and uncertainties because they relate to
events and depend on factors that will or may occur in the future.
Actual results may vary depending upon exploration activities,
industry production, commodity demand and pricing, currency
exchange rates, and, but not limited to, general economic factors.
Cautionary note to U.S. investors: The U.S. Securities and Exchange
Commission specifically prohibits the use of certain terms, such as
"reserves" unless such figures are based upon actual production or
formation tests and can be shown to be economically and legally
producible under existing economic and operating conditions.
The TSX Venture Exchange has not yet reviewed and does not take
responsibility for the adequacy or accuracy of the content of this
news release.
Contacts: West Hawk Development Corp. Dr. Wm. Mark Hart
President and Chief Executive Officer (604) 669-9330 (604) 669-9335
(FAX) Email: info@westhawkdevelopment.com Website:
www.westhawkdevelopment.com
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