If NWE\MIN are to keep up with the planned schedule, they need a rig booking very soon. They have just under 9 months to drill 2 wells. These will have to be "back to back". And just under 21 months to get all 4 wells done and get production from the giant Lockyer field. At this point in time, it seems a little ambitious. But, I will resort to good old fashioned "hope" and hope they can do it. Come on the anna for the rig!
NWE Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held