NWE 0.00% 5.6¢ norwest energy nl

nwe, page-16

  1. 1,398 Posts.
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    Looking back at the quarterly announcement, although small and limited, the prospect of getting a small revenue stream from the 4 wells in L14-Jingemina is somewhat promising.

    When you take into consideration...

    "During Q2 CY2018, only one well – J8 was in production. Table 1 below provides production
    and revenue data from sales to BP Kwinana Refinery. Production was limited during the
    quarter due to change of operator, well workovers and site activities."

    So hopefully the J8 well production increases and 4,10 and 12 coming online.

    However I don't see NWE providing any update until next Qtr report, which is disappointing.

    Anyone got any ideas about how long it may take for the 3D seismic scan to be re-submitted?
    I would hope the information request wouldn't take months like the first attempt
    Last edited by Mikey74: 31/08/18
 
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