NWE 0.00% 5.6¢ norwest energy nl

I have been told that Joe is pursuing potential business...

  1. 161 Posts.
    I have been told that Joe is pursuing potential business opportunities for NWE in India. Most see potential fields in India as being very valuable due to Indias incredible appetite for oil. I think that NWE has some increadibly good acreage as it stands, if he is unable to find any good opportunities in India well then so be it. He obviously is playing it smart and trying not to blow NWE shareholders money with rediculous projects. He is trying to create a long-term viable business by keeping risk low and keeping cash levels up. I think that no matter what happens with Magnolia, NWE still has excellent acreage at TP/15, the US Appalachians and its North Sea assets. All I can say is thanks to Joe for all his good work.
 
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