North West Oil Group, Inc. (NWOL)

[texas tom]

The Spanish newspaper La Opinion de Malaga has run a follow up story on the Northwest Oil (NWOL.PK) acquisition of the 5 star beach front property Los Monteros hotel in Spain. The update is dated December 5, 2008. It is an update to the initial coverage dated November 21, 2008. The article is in Spanish. The article adds several details. The purchase price is $160,000,000. The article also states that the acquisition has been formalized. The article goes on in describing details about the hotel.

I will be posting additional information about press coverage this acquisition is receiving in Spain.

1 casa a spanish site which deals with spanish real estate has initiated coverage of the Northwest Oil acquisition of the Los Monteros hotel. The article is dated November 21, 2008.
link: www.eye on spain.com