EXHIBIT 99.1

Press Release
SOURCE: NuWay Energy Inc.

        NuWay Energy to Acquire Assets in the Superb Area of Saskatchewan

         IRVINE, California, August 23, 2001 -- NuWay Energy Inc. (Nasdaq SC:
NWAY-) is pleased to announce, that through its two newly formed subsidiaries,
it has purchased a 30% working interest of Westlinks Resources, Inc.'s assets in
the Superb Area of Saskatchewan.

         The purchase price of the acquisition is $1.068 million, payable in
cash. The acquisition includes a working interest in four existing Waseca heavy
oil wells with a combined production rate of approximately 250 barrels per day.
Additionally the company has identified 7 infill drilling locations based on
geology and 3-D seismic that should increase field productivity to over 800
barrels per day. The company plans to start drilling 5 of the 7 locations next
month. Recent improvements on the property have been the construction of a
central battery and water injection facility to reduce operating costs and
optimize well production.

         The Superb area, located in the southeast corner of the providence of
Saskatchewan, is extremely active in the production of heavy oil. Several
world-class oil producing companies including Petrovera, Baytex and Conoco own
properties in the adjoining region to NuWay Energy's ownership interest in the
960 acres

         Sproule Associates Limited estimates the total proven reserves to be
671,000 barrels of oil and total proven plus probable reserves to be 885,000
barrels of oil. Sproule Associates Limited is an independent engineering
company, recognized internationally as a leader in petroleum engineering
consulting.

         Todd Sanders, CEO stated, "We are very excited to have found such a
wonderful venture to be our first since recently announcing our entrance into
the energy field. With four wells already online we will see an immediate
positive impact on our cash flow, not to mention what will be added on as the
next five wells are drilled. Our partners in this venture are extremely
experienced and we look forward to seeking out additional partnerships with
them." Statements regarding anticipated oil and gas production and other oil and
gas operation activities, including the costs and timing of those activities,
are "forward-looking statements". These statements involve risks that could
significantly impact NuWay Energy. These risks include, but are not limited to,
adverse general economic conditions, operating hazards, drilling risks, inherent
uncertainties in interpreting engineering and geologic data, competition,
reduced availability of drilling and other well services, fluctuations in oil
and gas prices and prices for drilling and other well services and government
regulation and foreign political risks, as well as other risks commonly
associated with the exploration and development of oil and gas properties.

Contact: Todd Sanders/CEO
         949-553-8002


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