Norwood Resources has acquired a 70% working interest in a 845,000 acre onshore oil & gas concession on the Pacific margin of Nicaragua. The property extends from approximately 40 kilometers west of Managua to the Pacific Ocean and south to the Costa Rican border.The company recently announced that its joint venture partner on the project signed a contract with the Republic of Nicaragua, the first such contract in more than forty years, to explore and develop this promising concession.Norwood s management team, which includes a number of seasoned oil & gas professionals, is focusing its initial efforts on numerous targets that have been identified on the property. The work conducted to date has resulted in the selection of several possible drill locations.
Norwood Resources Ltd. is Vancouver-based company (British Columbia, Canada) with a phone number 6046426266. Our data show that the company is located at the address: Suite 404 815 Hornby Street. The company has a web site: www.norwoodresources.com.
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