NWest Energy Inc. is a Canadian based resource company focused on exploration, acquisition and advancement of oil and gas properties primarily along the west coast of Newfoundland and Labrador, Canada.
To date the company has acquired four properties, located offshore. All four properties were previously explored in the 1990’s during the downturn in the industry’s cycle by multinationals like Mobil Oil and BHP Exploration. All properties have defined seismic targets along with considerable exploration potential to host large oil and gas reservoirs. Through exploration licenses with the Canada-Newfoundland Labrador Offshore Petroleum Board, NWest holds approximately 1.6 million acres of highly prospective property in a geologically favorable environment for exploration.