NWE 0.00% 5.6¢ norwest energy nl

Core results surely arent far away, and, if favourable, would...

  1. 505 Posts.
    Core results surely arent far away, and, if favourable, would certainly provide support for the sp over what could be a long 3 months.
    From announcement 23rd June....
    "Norwests technical team has inspected the cores and a preliminary test conducted on a limited core section showed gas releasing from the core. Encouraging, but even so we still have to wait patiently until late August to know the conclusive answer before we head into the ultimate test,to stimulate and flow test the formations."

    Late August. hmmmm. I believe they already have some results as hinted in thursdays announcement....
    "To date, the Arrowsmith2 evaluation program is considered a success, with core and logging results clearly indicating that all four targets contain significant gas in place"

    Clearly indicating significant gas in place.... interesting wording. Bring on the results!
 
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