NWE 0.00% 5.6¢ norwest energy nl

Just to back up the work that Alex has already posted here on...

  1. 2,942 Posts.
    lightbulb Created with Sketch. 911
    https://hotcopper.com.au/data/attachments/4991/4991037-03929764dcf57e9a47770765e67fa23d.jpg
    Just to back up the work that Alex has already posted here on numerous occasions .... I met with him in Melbourne just over a week ago and we went over the data that has been released to the ASX by the companies in detail.
    I want to put on record here that I think that his analysis is accurate and that we have a much larger gas resource than any of us can imagine.
    The indicative free water line at 4560 meters is a guess.
    None of the companies, STX etc drilling in the basin have stuck the Gas/Water contact. The 4560 figure is a guess based on the figures from Waitsia. There is no evidence that this is the case.
    Alex proposed that there is a strong chance, and I agree with him, that our reservoir, as defined in the mapping above, is completely full of hydrocarbons .... both gas and Oil.
    If we are right, then I am confident that we have a gas resource multiple times what has been published over a 160 square kilometre reservoir.

 
watchlist Created with Sketch. Add NWE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.