News Release
West Hawk Updates Drilling Program in Piceance Basin
November 6, 2006, Vancouver, B.C.: West Hawk Development Corp. (“West Hawk”) (TSX.v – WHD, Frankfurt H5N) is pleased to provide the following updates:
Work at the Piceance basin is proceeding well, ahead of schedule, with crews constructing the drill site well pad, installing the gathering system pipeline and improving road access for the drilling crews and equipment. To date EnCana Oil & Gas (USA) Inc., under contract to West Hawk, has installed 9,000 feet of the main pipeline connector system, being more than halfway to the well pad, maintaining the scheduled installation ahead of inclement weather. Completion of the pipeline is expected in the last week of November. Buckley Construction is contracted for the well’s drill pad construction and access roads improvement for completion by the first week of December. West Hawk is finalizing a four-well agreement with the drilling contractor with the drill expected to arrive on location during the first week of December for the immediate commencement of drilling operations.
After serious consideration from the Board of Directors, having recognized the company’s transitioned from an exploration company to an operating company, it has be resolved that that it will be better served by Dr. Wm Hart, an experienced operating executive, in the position of Co-Chairman. The company regrettably accepts the resignation of Michael Townsend as Co-Chairman and Director effective November 1, 2006. Mr. Townsend will remain with the Company in the role of consultant.
The Company wishes to thank Mr. Townsend for his valuable contribution to the evolution of the Company over the past several years from a grass-roots exploration company to that of a development and operating company. We look forward to his assistance in the transition through his consultancy role, and wish him all the best in his future endeavors.
The Company also wishes to announce that all resolutions brought forward at the Company’s Annual General Meeting, held October 13th, 2006 were passed.
ON BEHALF OF THE BOARD OF DIRECTORS
“Dr. Wm. Mark Hart”
President and CEO
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.
About the Company: West Hawk Development Corp. is focused on providing valuable, high-demand energy products from a variety of sources. Assets include the 500 billion cubic feet (as per NI51-101 report) Figure Four natural gas property located in the Piceance Basin, Colorado, being developed under a drilling and development agreement with EnCana Oil & Gas (USA) Inc.; the 2(+) billion ton Fort Norman coal deposit in the Northwest Territories, being developed with Lurgi South Africa (Pty) Ltd. with the aim of creating a multi-stage, 200 billion cubic foot per year Coal-to-Gas operation supplying clean “syn-gas” to markets through Imperial Oil’s proposed MacKenzie Valley Pipeline and/or producing high-demand electric power and sulfur free diesel through construction of an IGCC (Integrated Gasification Combined Cycle) facility; the one billion ton Groundhog anthracite coal deposit located in northwest British Columbia; and the 3(+) billion ton coal deposit located on Ellesmere Island, Nunavut Territory.
Cautionary note: This report contains forward looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. The company has filed a National Instrument 51-101 Report on the Figure Four property. A National Instrument 43-101 report has been filed on the Groundhog 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 US 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.
Work at the Piceance basin is proceeding well, ahead of schedule, with crews constructing the drill site well pad, installing the gathering system pipeline and improving road access for the drilling crews and equipment. To date EnCana Oil & Gas (USA) Inc., under contract to West Hawk, has installed 9,000 feet of the main pipeline connector system, being more than halfway to the well pad, maintaining the scheduled installation ahead of inclement weather. Completion of the pipeline is expected in the last week of November. Buckley Construction is contracted for the well’s drill pad construction and access roads improvement for completion by the first week of December. West Hawk is finalizing a four-well agreement with the drilling contractor with the drill expected to arrive on location during the first week of December for the immediate commencement of drilling operations.
After serious consideration from the Board of Directors, having recognized the company’s transitioned from an exploration company to an operating company, it has be resolved that that it will be better served by Dr. Wm Hart, an experienced operating executive, in the position of Co-Chairman. The company regrettably accepts the resignation of Michael Townsend as Co-Chairman and Director effective November 1, 2006. Mr. Townsend will remain with the Company in the role of consultant.
The Company wishes to thank Mr. Townsend for his valuable contribution to the evolution of the Company over the past several years from a grass-roots exploration company to that of a development and operating company. We look forward to his assistance in the transition through his consultancy role, and wish him all the best in his future endeavors.
The Company also wishes to announce that all resolutions brought forward at the Company’s Annual General Meeting, held October 13th, 2006 were passed.
ON BEHALF OF THE BOARD OF DIRECTORS
“Dr. Wm. Mark Hart”
President and CEO
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.
About the Company: West Hawk Development Corp. is focused on providing valuable, high-demand energy products from a variety of sources. Assets include the 500 billion cubic feet (as per NI51-101 report) Figure Four natural gas property located in the Piceance Basin, Colorado, being developed under a drilling and development agreement with EnCana Oil & Gas (USA) Inc.; the 2(+) billion ton Fort Norman coal deposit in the Northwest Territories, being developed with Lurgi South Africa (Pty) Ltd. with the aim of creating a multi-stage, 200 billion cubic foot per year Coal-to-Gas operation supplying clean “syn-gas” to markets through Imperial Oil’s proposed MacKenzie Valley Pipeline and/or producing high-demand electric power and sulfur free diesel through construction of an IGCC (Integrated Gasification Combined Cycle) facility; the one billion ton Groundhog anthracite coal deposit located in northwest British Columbia; and the 3(+) billion ton coal deposit located on Ellesmere Island, Nunavut Territory.
Cautionary note: This report contains forward looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. The company has filed a National Instrument 51-101 Report on the Figure Four property. A National Instrument 43-101 report has been filed on the Groundhog 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 US 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.
Contacts
North America
West Hawk Development, 303-524-1424
Email: news@westhawkdevelopment.com

