NWE 0.00% 5.6¢ norwest energy nl

NWE only have to stump up there 28% of that 100,Don't forget to...

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    NWE only have to stump up there 28% of that 100,
    Don't forget to read and re read the report, they have used the 100 mil as a cost guide to drill 80 wells fracked and over a10 year period.

    Concept: Tight gas field development comprising 80 horizontal production wells phased over 10 initial drilling years. Cost of drilling plus likely 20-stage frack assumed at A$13m per production well, which reflects cost savings made from a long-term drilling programme.

    Net 28 mill cost to nwe.
 
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