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Operations
Figure Four Natural Gas Project - Piceance Basin, Colorado, USA

Project Update - June 13, 2008

News Release

June 12, 2008 – Denver, Colorado, USA: West Hawk Development Corp (TSXV: WHD; Frankfurt: H5N) (the “Company”) is pleased to announce that it has signed a Memorandum of Understanding (“MOU” or “Agreement”) with Petrobras – Petroleo Brasileiro S.A (“Petrobras”) for a partnership to jointly develop on a fast track basis the Company’s Figure Four Natural Gas Project in the Piceance Basin, Colorado.

The MOU outlines the timeline, scheduling, and plans for the partnership and complete transfer of site operations to Petrobras, as well as providing a provision for near term expansions in the Piceance Basin, and other parts of the United States of America. During the month of June, Petrobras executives and engineers will visit Colorado and make a site visit to conduct a thorough review and assessment of the Figure Four Natural Gas Project. Petrobras, under a confidentiality clause of the MOU, has accessed key pertinent information related to the Gas Project and are satisfied with the quality of the project and its prospective upside. Petrobras has assigned key professionals and senior staff to its due diligence team. Upon the conclusion of these technical and commercial meetings, Petrobras will prepare an offer. If accepted, West Hawk and Petrobras will work together to reach an agreement and conclude the transaction in August.

Read news release from June 12, 2008
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