DGcruzing, Re your points above. 1. AWE have found a large...

DGcruzing,
Re your points above.
1. AWE have found a large conventional gas field at Waitsia. The largest onshore WA gas field found in the last 50 years. It has flowed gas at the phenomenal rate of 50 mmscfpd. That is a serious flow. Agree AWE in a bit of trouble with POO but more focus than ever will be put on Waitsia. Gas prices are high in WA.

2. Bharat. Bharat are a majority partner in EP413. They are very happy with the gas rennaisance that is happening to WA. And are looking forward to the forthcoming drilling of Arrowsmith 3. They were always a silent partner. Their 'opposition' Reliance went to USA to try their luck ........ WA gas prices are double USA.

3. EGO. This company has lots to look forward to. Their deal with Alcoa is now bringing in revenue and one of their permits is right alongside AWE's Waitsia. ( NWE have a part of this ) They could drill Lockyer Deep -1 2H2016. This could be significant. Agree a 100 to 1 consolidation will be challenging but EGO have turned a big corner with their Alcoa deal

4. NWE. PM is recovering. In the meantime NWE have John Annand at the Helm. Very capable.

5. NWE Finance. Agree not good but we just have to keep trucking on until we realise our assets real value. If that means rattling the tin then so be it. .....Not looking forward to it but NWE have a lot of potential.

NWE has some very good permits and has put an enormous amount of work into the company. Stick with it and if you are a holder always look on the bright side.