WestPac Colorado has a background in both real estate development and energy solutions and purchased all developable land in Snowmass Village, Colorado and subsequently created a JV with the related companies from New York for the redevelopment of the Snowmass resort area.

WestPac has also spearheaded the acquisition and development of various multi-million dollar commercial and residential real estate projects throughout North America. WestPac Resources (the energy division) is currently involved in the testing of advanced oil and water separation equipment that can assist in the clean-up of the catastrophic oil spill in the Gulf of Mexico.

Clayton Carter, CEO of Freestone Resources, said: “We are very excited to begin working with WestPac Resources. WestPac has the capital resources and relationships necessary to expand the utilization of our EncapSol technology, and in the development of our conventional oil and gas operations.

“We are proud to form a business relationship with a company that has placed themselves on the frontlines of the oil disaster in the Gulf of Mexico. We believe that they are working with some of the most advanced oil and water separation equipment in the industry. Their knowledge and resources will be invaluable in the advancement of our EncapSol technology.”