Nicaragua

Norwood Resources Ltd., Vancouver, BC, intends to resume field work this fall on the Indoklanicsa concession in western Nicaragua.
July 16, 2009
By OGJ editorsHOUSTON, July 16 – Norwood Resources Ltd., Vancouver, BC, intends to resume field work this fall on the Indoklanicsa concession in western Nicaragua.The board is reviewing drilling recommendations that resulted from technical and engineering workshops conducted the last 6 months with petrophysicists and consulting engineers.Goal of the resumption is to achieve commercial production at the San Bartolo location by the end of 2009. Roberto Rodrigano, a specialist in underbalanced drilling, will head the operations team. The company is awaiting government approvals and arranging financing.
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