NWE 0.00% 5.6¢ norwest energy nl

I think we have to wait till the resource report is completed.I...

  1. 11,037 Posts.
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    I think we have to wait till the resource report is completed.
    I for one think it will be a great report,due to the now known shale oil find.
    Early on i rang and spoke with peter and he told me they where getting 20-30 bbopd in the early days of testing the K.

    This layer/zone is vast, just looking at what could be extracted with a 1500 meter horizontal well.

    As i have said before we already have the main hole/well. It is a simple process to step out from this well,frac, almost instant income.

    Just imagine if the report comes out with a oil estimate along the lines of what bpt got as a gas resource.
 
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