NWE 0.00% 5.6¢ norwest energy nl

VIDEO: Norwest Energy well-funded and continues to kick goals at Lockyer Deep-1, page-316

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    Notes:
    - EP368/EP426 structure and accumulations look far superior in size to STX/WGO in the Erregulla Deep complex, if you use 4720m TVDSS as the gas water contact point.
    - WGO/STX accumulations could be compartmentalized. NWE/STX less so in Kingia
    - Structural traps in EP368 and EP426 look likely to be at similar depth to LD-1. Indicate possible condensate as well?
    - Net volume of structure captured by EP368/EP426 appears to be 3-4 times the size of WGO/STX. Could be another Lockyer Deep size!?
    - Good drill sites identifiable on 2D without 3D, but quantification of resource size with 3D is key to valuation
 
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