trading halt, page-42

dchrome,
I think that NWE have had some experience in the USA with shale gas prior to establishing their Shale Gas portfolio.

That said, I also believe that when they viewed the cores themselves, that they were strongly of the opinion that they had the resources that they sought for a successfull Shale gas development.

The test results that you are waiting for will be merely a confirmation and perhaps some additional detail to suppliment the additives necessary for the enhancing of the fraccing. Percentage of clay etc.
NWE management in my opinion would not have organised the fraccing if there was any doubt as to the success.

They are not that sort of people.

They also have nothing to gain and an enormous amount to loose from making bad decisions, so it is not in their self interest to muck this up.

Personally I am very relaxed about continuing, my limited experience with EMP has taught me that it is about being methodical and protective in the systems that are used.

The material that I have read from links posted by others here on Hotcopper to the WA Department of Minerals and Energy, stated that they(the department) support the development of the Shale Gas industry ..... this means that they will be wary of doing it properly (especially after the debarcles in QLD with Coal Seam Gas)but they will not be politically opposed to this industry, and I would expect that the officers will assist NWE in coming up with a mutually acceptable plan.

I am confident that NWE will overcome any concerns ... we will just have to be patient.
Don't get me wrong ..... the sooner we get to Dollar Fiddy, the better I will like it. It has been a long, long investment.

Good Luck everyone.

regards

Potter