2009-10-28-2009-09-25

To acquire 6% nonop interest in Carbonera Block of Catatumbo Basin in Colombia.

Privately held, Calgary-based Delavaco Energy Inc. plans to acquire 100% of the 6% nonoperated participation interest in the Carbonera Block in Colombia from West Canyon Energy Corp., Houston, (OTCBB: WCYN) for US$750,000. The Carbonera Block is in the northern part of Colombia in the Catatumbo Basin. West Canyon chairman and president Shane Reeves says, "We are very pleased to have monetized our minority owned interest in this natural gas project, which will afford us the opportunity to use the proceeds of the sale to retire a significant portion of the company's debt." The deal was expected to close by Oct. 1.