For those really interested in the potential of NWE I suggest you have a look at BPT who in fact are the major listed operator in the North Perth Basin. you will find them as the operator of Beharra Springs of which WE/Strike discusses as being analogous. Beharra Springs has been operating since 1991 and still is today. BPT of course are in the thick of the Waitsia play as well.
But rather than look at individual permits it might be worthwhile putting a big ring around the North Perth Basin Collective and taking a grander view of the overall history and potential, also taking into consideration production facilities as well as proximity to pipelines and refineries.
NWE is well positioned in the NPB with its portfolio of assets all in close proximity to WE etc and of course having a oil discovery itself at Xanadu.
I don't see any of the HC regulars over there at BPT so have a look.
For those really interested in the potential of NWE I suggest...
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