Vulcan announces that it has been advised by NWest Energy that NWest has entered into an agreement with Shoal Point Energy whereby Shoal Pt. will acquire 100% working interest in approximately 500,000 acres in exploration licence (EL)1079R, offshore western Newfoundland. Vulcan owns 19.1% of the common shares of NWest. The NWest-Shoal Pt. agreement
[...]