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Message: Norwood Spuds San Bartolo Sidetrack Well

Norwood Spuds San Bartolo Sidetrack Well

posted on Oct 23, 2009 03:02PM

Norwood Spuds San Bartolo Sidetrack Well

	    Trading Symbol: NRS

	    VANCOUVER, Oct. 23 /CNW/ - Norwood announces that drilling of the San
Bartolo 1-X (SB-1X) sidetrack well has commenced on the INDOKLANICSA
concession in Nicaragua. The purpose of the sidetrack is to test certain
hydrocarbon bearing reservoir zones, which were identified during the drilling
of the original San Bartolo 1 well in 2007.
	    The sidetrack well will exit the San Bartolo-1 well bore at 5560' and
drill approximately 1440' at a northeasterly azimuth to a measured depth of
7000' achieving an inclination of about 20 degrees and a distance of
approximately 200' from the original wellbore. Petrophysical analysis from the
San Bartolo-1 well suggests the sidetrack will transect 143 feet of
oil-bearing reservoir target zones.
	    The well will be drilled underbalanced to permit fluid inflow as the
reservoir targets are penetrated. A highly inhibited polymer drilling fluid
will be used to minimize damage to reservoir mineralogy. An open-hole testing
program is planned with a gas lift system to produce any moveable hydrocarbons
encountered in the drilling and completion phases.
	    The Company will report results as soon as they become available.

	    <<
	    ON BEHALF OF THE BOARD OF DIRECTORS OF
	    NORWOOD RESOURCES LTD.

	    "Raymond Cahill"

	    Raymond Cahill
	    President & CEO

	                             WE SEEK SAFE HARBOUR
	    >>

	    This press release contains certain forward-looking statements. While
these forward-looking statements represent our best current judgment, they are
subject to a variety of risks and uncertainties that are beyond the Company's
ability to control or predict and which could cause actual events or results
to differ materially from those anticipated in such forward-looking
statements. Accordingly, readers should not place undue reliance on
forward-looking statements.

	    <<
	           THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY
	                 FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE
	    >>



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