100% success

• 100% Success in First Five Tennessee Gas Wells
• Average daily open flow rate of 130,000cfd per well
Norwest and its partners have achieved a 100-percent success level for the first five wells completed on its
Koppers North and Carden Prospect in Campbell County, Tennessee.
The wells have been drilled to approximately 914 metres (3000') in depth, to fully penetrate a thickened
target Devonian Shale, providing up to 252 metres of potential gas producing interval. The wells are now
perforated and fraced, to produce average open flows of 130 mcfd of natural gas each. High bottom hole
pressures have been recorded in the wells.
Gathering pipelines have been laid to each well, and production will commence as soon as the nitrogen levels
from the fracing operations have decreased to levels acceptable for sales gas.
Norwest CEO Joe Salomon said that overall, this is a very satisfactory result.
“While the flow rates have been a little less than expected, the wells show a consistent capacity to produce
gas, and the current gas prices of between US$11 and $12 are at an all time high. Given these flow rates
from the initial wells, it is highly likely that up to 100 wells will be drilled over the 10,400 acre project area."
Norwest’s interest in each of the wells drilled is 37.5% with an approximate 29% net revenue interest. After
drilling the first 20 wells and committing to another 20 wells, Norwest will earn the same interest level in the
whole project. Other partners are project operator Miller Petroleum, Inc. out of Huntsville, Tennessee and
Golden Triangle Energy, Inc., Houston, Texas.
For further information contact
Mr Joe Salomon, Telephone: 618 92273240
E-mail: [email protected]