and now we have oil!!, page-4

So are we de - risked ??

Norwest is currently sourcing the required mobile equipment so that flow back and testing may continue on this zone as soon as possible. An extended period of testing is likely to be required on the Kockatea Zone 2 before any considerations are made to re-enter the lower zones for further analysis.
Norwest has now demonstrated that hydraulic fracture stimulation does successfully produce gas (and oil) to surface from the zones of interest within the Arrowmith-2 well. These positive results warrant further evaluation including an estimate of contingent resources.