NWE 0.00% 5.6¢ norwest energy nl

Ann: NWE Xanadu 3D Seismic Survey, page-7

  1. 616 Posts.
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    Looks like they are only covering the crest with a small postage stamp. Need 100 sq. kms at least to cover the whole structure by the look of it. A big chunk of the cost will be mob - demob so don't know why they aren't doing a full survey.

    Also don't know why they are using some Canuck project managers - they don't know the local operational issues. Any apparent cost saving will be a false economy. Expect more delays while the Canucks work out what they are doing over here IMO. Will be 12 months before the survey is acquired IMO, then a while to drilling.
 
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