a2 costs, page-2

Then to back this up on the 22/nov/2012.

This ann go's a long way to say our major (financier) Is very keen to put up more to get us in to production.
I don't know of to many companies that stump up like this on a whim and a pray anymore.

Norwest Energy NL (ASX:NWE) : Norwest has just concluded a three day review of the Arrowsmith unconventional gas project with Bharat Petroleum Corporation Ltd (BPCL), parent company of Bharat PetroResources Ltd (BPRL), a 27.803% joint venture party in the EP 413/Arrowsmith joint venture.
Following the review, Mr. R.K. Singh, chairman of BPCL announced his intention to progress plans to further develop its investment in Arrowsmith 2 in the northern Perth Basin. This activity will include investigations into the provision of pipeline infrastructure and the marketing of gas to the domestic market and potentially, India.
During the site visit, Mr. Singh and Mr. D. Rajkumar, managing director of BPRL, were joined by Mr. Bruce Clement, managing director of AWE Ltd, which holds a 44.252% interest in the EP413 joint venture. They also met with senior government officials responsible for managing the State’s energy resources.
BPCL and NWE also reviewed the WA gas market and pricing as well as the process to build a pipeline from Arrowsmith to the nearby existing pipeline infrastructure.
Mr. Peter Munachen, Norwest CEO said; “I was extremely pleased that Mr. Singh, the Chairman of one of India’s largest companies, could come to Western Australia to visit the project and meet with the project team. Norwest has developed a strong relationship with BPCL over a number of years and this visit indicated the strength of their interest in the Arrowsmith project, which augers well for the future.”