NWE 0.00% 5.6¢ norwest energy nl

future of nwe, page-24

  1. 11,076 Posts.
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    SK. maybe you should read some of the A2 updates here is one quote from the dec 2012 update.

    "The High Cliff Sandstone, a tight sandstone target, is expected to deliver a significantly higher rate
    than the reported rate of 777,000 scf/d once the zone is fully cleaned up. An extended well test will
    then be required to determine the areal extent of the HCSS target."

    Ann Qtl oct 2012

    "Evaluate data gathered during stimulation and flow back. An extended well test will be conducted in order to establish the areal extent of this interval. Flow back from this zone will be co-mingled with both IRCM and Carynginia flow back, and estimates made on HCSS contribution based on previous flow back results from Carynginia and IRCM. If the zone has sufficient areal extent, Norwest has the option to eventually convert this well to a producing well, once evaluation of all intervals is complete. Norwest assessment remains intact that this is potentially a commercial
    discovery – confirmation of the areal extent is the remaining requirement necessary. Norwest expects to make a contingent resource estimate on this interval."

    There are many references that could or would leed people to think this was going to be commercial in it's own wight.
 
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