Nwe are a small cap company with the rights to 29% of this ep413. They also have %ages in other permits which add to their overall value. I encourage everyone to read the ASX releases from NWE and learn the area of shale which we have rights to.
Shale assets are all about area and NWE have abundant area which is full of great shale.
AWE will appreciate but it is a different beast to NWE. AWE are a greater market cap company with more diverse activities than NWE, THEREFORE they will respond in the market differently to us. I don't follow AWE so I cannot give an accurate opinion on their share price.
I must say that the report on Wessex got me a little excited when I read that they were looking to see if they could interpret the seismic to a deeper level. If I remember correctly BP found greater reservoirs underneath the initial Oil discovery at Wytch farm.
Go you good thing.
Potter
frac date, page-33
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