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5.6¢ norwest energy nl

Ann: EP368 & EP426 Permian Prospectivity Update, page-23

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seahunt

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18/08/21

15:15

Post #: 55388236
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Originally posted by Mikey74: ↑

I'm trying to understand better how much 1TCF is valued at... if someone can link me a page where it can worked out or equivalent to a MC? TIA

With a 3d seismic to be undertaken in the EP469 tenement that will have some spill over into 368 and 426. Whether they share that data, I don't know, but that could possibly give credence to Gimo stating that STX take a stake into NWE as well, because if they know what is in that NE corner that would benefit not only them but MIN/NWE as well.

Overall looking very positive and have a some selling numbers/milestones set to help me move into retirement - hopefully in the next 3 to 6 months - Fingers crossed and GLTA

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1TCF is valued at approx One Billion Dollars
"With a 3d seismic to be undertaken in the EP469 tenement that will have some spill over into 368 and 426"
This is what alexei has posted on the thread.

Originally posted by alexei ii: ↑

Not my post, but see below. The circled bit may be the part of Lead E that extends into the southern neighbours ground.

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NWE Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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