The program going forward in EP413 is to finalise testing of the well, complete the 3D seismic program and commence high-grading of intervals for future development."
"It is expected that the gas flow rate and testing program will continue for a further two to three months."
One would reasonably take that to mean ALL testing. Which would mean all testing is to be completed before the 20th of December 2013
"ASX ANNOUNCEMENT 25th October 2013
Page 9 2013
3D seismic acquisition program scheduled for 2014."
What negotiations if any have the company entered into for any prospective use of the nominated pipelines and infrastructure ?
What time frame and budgetary constraints has management allowed for the design, construction, metering and the infrastructure necessary for the NWE pipeline from Arrowsmith for tapping into the pipeline?
About the only thing I do know for certain the management of NWE has presided over the reduction of the value of shares in the twelve months from October the 25th 2012 to October the 25th 2013 of 7.5 cents to 1.5 cents for which we all should be truly grateful.
NWE Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held