I think that they did.
It was a prospect that a lot of geophysicists thought would be a winner.
From what I remember Origin had the prospect originally and it was consider one of their better drill sites.
When NWE drilled the well, it did flourescent under UV light which indicates that hydrocarbons were present but the volume/permiability must have been too low to proceed with.
I do remember asking the question of the company whether we could fracc the structure to get it to produce but they decided not to.
NWE Price at posting:
0.3¢ Sentiment: None Disclosure: Held