NWE 0.00% 5.6¢ norwest energy nl

delay, page-11

  1. 293 Posts.
    NWE management - you guys are shocking! Atleast give us some stimulis over that crap annoncement. You refer to 'core and logging results clearly indicating significant gas in place' - YET WE HAVE NOT SEEN EITHER OF THESE!!

    The DMP website under FAQ says any applicant should allow 3 months for permit processing. Yet they maintained some 'dreamy' 1st September frac date - they always knew that would never happen as the application was only submitted on the 24th June 2011 (merely allowing 9 weeks for approval)

    I truely hope the delay is only due to EPA/DMP protocol and not bad management by NWE.

    3rd party referral - I wonder who this was?

    Finally - What does this quote from the annoncement mean?
    'Norwest was planning to commence the stimulation program on 1st September, however must now wait until the EPA has made a decision on whether or not to carry out an assessment of the program.'

    .......whether or not????????????????????
 
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