dr 11 - permit , page-5

Agree focussed, although having just read it, I think all TTE holders should have a read and spend longer than 5 minutes doing so.
This is because the formations NWE is discussing are EXACTLY the same formations TTE will be targeting in the North Perth Basin.....and both companies have AWE as a partner, so all that technical info will be available to the TTE drilling crew.

Or in other words, NWE are doing a lot of the legwork of derisking the North Perth Basin for when TTE get serious about putting a drill into the ground in the area soon.

Keep an eye on KEY too, who will be drilling their 'Waugh 1' (yep, they named it after a cricketer) well in the North Perth Basin in the not too distant future.


All the above is my personal opinion. DYOR.