thanks for the post, interesting reading to build on the existing knowledge of what is the Potential future development of this play.
I think we can all agree that this is not going to be a shooting star as yet but a steady as it goes until all the necessary work processes are completed.
I found this report to contain some strong indicators of how the ship is sailing and from all reports so far we are still on a very Strong path of building a substantial source of reserves.
Not even going into the debate on supply of information to the market, as to my mind they are doing the job in the manner that a professional company should be. There is enough information contained with in this forum to show that this is not a "get rich quick" project. So if you are expecting this, then it would be better to park your money somewhere else.
Some highlights out of this report in my mind are..
Kockatea Shale (2639 – 2681m) key words - northern Perth Basin, prolific and aerially-extensive.
Norwest is keen to understand the liquids potential here, and ongoing work will further establish the potential for future development.
Also of interest is the work that is BEING DONE and has BEEN DONE on the Wessex Basin, United Kingdom assets. These COULD BE some nice assets to be sitting on.
Ok, for those that like a bit of reading attached are some sheets that show that the NWE team are doing all the right things on Arrowsmith-2 well and I quote:
Arrowsmith-2 has always been a proof of concept well and the results delivered to date are exceptional
For some light reading on the EUR’s (estimated ultimate recovery) and economics of shale gas in the US..
