Just to add a bit to the exchanges on fraccs at Tennessee, re-reading the 14 June NWE press release, its clear they say wells will be fracced "within 10 days" providing they can get all the equipment on site in time.
Miller's gave a date of 21 June for the well completions.
So if all goes according to plan we may have the first fraccs completed this week and being gas fraccs we should know something about their success of failure quite quickly.
Arc has moved on one of its Jingemia partners though obviously this was a friendly get together. Wonder if Arc would be interested in Norwest given their position in the Perth Basin and the range of other interests including the US and North Sea (forget about India this time around).
The junior oiler sector may be about to get very interesting, so we will have a look at this question in next week's JOW.
NWE Price at posting:
0.0¢ Sentiment: None Disclosure: Held
