8310 SOUTH VALLEY HIGHWAY, 3RD FLOOR
ENGLEWOOD
Colorado
USA,
80112
Phone: +1 303-524-1245
Toll Free: 1-866-669-9377
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Company SummaryWest Hawk Development Corp. is focused on providing valuable, high-demand energy products from a variety of sources. Assets under development include the Figure Four natural gas property located in the Piceance Basin, Colorado, being developed under a drilling and development agreement; and the Groundhog coal property located in northwest British Columbia. Company NewsWednesday, September 09, 2009 West Hawk Development has released its audited annual financial results for the year ended April 30, 2009. Net loss for the year was $32.2 million, or $0.22 per share, resulting in an accumulated deficit of $65.2 million. These compare with a net loss of $4.7 million, or $0.07 per share for the prior year. The net loss includes a non-cash impairment of assets in the amount of $33.9 million. The impairment relates to a write-down of the Figure Four Natural Gas project. As of April 30, 2009, the company has a working capital deficit of $17.5 million. The company expects losses to continue through 2010. News ReleasesTuesday, November 03, 2009 Thursday, October 22, 2009 Friday, September 11, 2009 Wednesday, September 09, 2009 Tuesday, September 01, 2009 Map Legend: Producer Past Producer  Development  Exploration |
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