NWE 0.00% 5.6¢ norwest energy nl

economic production levels, page-2

  1. 3,486 Posts.
    lightbulb Created with Sketch. 468
    Yes Pottermore the gas price is per Mcf (1000 cubic feet).
    So on initial flowrates at Arrowsmith-1 (4 MMcfd) it would have produced at around $34,000/day or $12.4 Million/year. Which is a very nice income from 1 well.

    I and probably everybody else on here will be expecting at least double that from a horizontal fracking and then where does it stop? Surely on any success they will be planning a whole field development.
 
watchlist Created with Sketch. Add NWE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.