NWE 0.00% 5.6¢ norwest energy nl

In very simplistic terms, Flow testing suggest LD contains 30bcf...

  1. 6,540 Posts.
    lightbulb Created with Sketch. 2029
    In very simplistic terms, Flow testing suggest LD contains 30bcf / km2. 102km2 field gives around 3 TCF resource. Assume 75% recovery 2.25 TCF which is worth much more than $2B. The there are significantly derisked leads in the permits that could result in double that resource (or more or less). We have 3d underway and drilling staring in early 2023. I personally want to see NWE realise a large portion of its potential rather than be exposed to the downside risk that comes with MIN toppy share price.
 
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