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| Home : New West Energy Services Inc. Completes Asset Sale |
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Jan 25
2012 |
New West Energy Services Inc. Completes Asset Sale |
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CALGARY, ALBERTA--(Marketwire - Jan. 25, 2012) - New West Energy Services Inc. (TSX VENTURE:NWE) (the "Corporation") is pleased to announce that the Corporation has closed its previously announced sale of the operating assets of New West Drilling Fluids Inc. ("NWDF"), a subsidiary of the Corporation, for an aggregate purchase price of approximately $3.4 million. In connection with completion of the asset sale, Mr. Joseph Scarlett has resigned as a director and officer of the Corporation and of NWDF. Further details of the sale are set out in the Corporation's press release of January 17, 2012. |
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| Source:http://www.marketwire.com/mw/release.do?id=1611029&sourceType=3 |
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