NWE 0.00% 5.6¢ norwest energy nl

Ann: Xanadu-1 Oil Discovery, page-8

  1. 121 Posts.
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    How I read this is that it is a discovery, however the well is being plugged and abandoned at this stage whilst the numbers are being crunched.

    They will then do some more homework and potentially return to side track the well at a later date.

    Promising, but not a producer as yet.

    Still a good result.
 
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