Ann: NWE Quarterly Activities Report, page-21

Hi Potts,
Had a chat to Shelley about this.. They have done so much hard work. NWE play it fair. They abide by the rules and the rules state that if there is an objection then it has to be heard..... It is called going backwards.

Have a little look at STX. No doubt you are up with the play as announced. STX have invested in WA.

Great for both STX and NWE. I could not believe my luck when that was announced. This Perth Basin is really getting hot...as predicted. STX have got enough on their hands ( you would think ) without thinking about the Perth Basin. And then bang, out of the blue they grab EP469 with intentions on the underneath Waitsia gas formation...the same formation that NWE sits on with the adjacent EP368.

In the blink of an eye things could change exponentially for NWE. Not tomorrow but when seismic shows definitive targets and drilling hits oil.

Can you imagine that? I can and I know you can too.
Best
Tui