NWE 0.00% 5.6¢ norwest energy nl

Ann: Lockyer Deep-1 Operational Update, page-107

  1. 3,051 Posts.
    lightbulb Created with Sketch. 5806
    interesting thing here for people to note about Beach's prospect map

    1/ ...their prospects are stacked - Wagina/dongara AND Kingia/HC - this is significant as they've been operating for a bit at Waitsia and BHS and have all the long term production data (which is the best measure of reservoir characteristics). So if they're mapping stacked reservoirs, it means they reckon theres material prospectivity in both the main target KHC and the dongara wagina.

    2/ Don't forget, we have significant oil shows in the wagina/dongara at LD, including potential pay...so imagine two LD "blobs" in the prospect map above - one on top of the other.

    3/ unlike the strike slide, they're not showing any of the leads or prospects in other parties ground - maybe they dont want to draw attention to others prospectivity...
 
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.