NWE management - you guys are shocking! Atleast give us some stimulis over that crap annoncement. You refer to 'core and logging results clearly indicating significant gas in place' - YET WE HAVE NOT SEEN EITHER OF THESE!!
The DMP website under FAQ says any applicant should allow 3 months for permit processing. Yet they maintained some 'dreamy' 1st September frac date - they always knew that would never happen as the application was only submitted on the 24th June 2011 (merely allowing 9 weeks for approval)
I truely hope the delay is only due to EPA/DMP protocol and not bad management by NWE.
3rd party referral - I wonder who this was?
Finally - What does this quote from the annoncement mean? 'Norwest was planning to commence the stimulation program on 1st September, however must now wait until the EPA has made a decision on whether or not to carry out an assessment of the program.'
.......whether or not????????????????????
NWE Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held