NWE 0.00% 5.6¢ norwest energy nl

energy and capital, page-15

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    In "Q" activity report.

    Carynginia Formation
    Stages 3 & 4 Lower (2890 - 2940m) and Middle (2824 - 2875m)

    Evaluate data gathered during stimulation and flow back. After completing the testing phase on the Kockatea Shale, Norwest will re-enter this zone and continue flow back and clean up in order to obtain a representative gas rate. Norwest then expects to make a contingent resource estimate.
    (as a poster pointed out. A lot of fracc fluid to recover)

    Irwin River Coal Measures

    Evaluate data gathered during stimulation and flow back. Norwest will re-enter this zone and continue flow back and clean up in order to obtain a representative gas rate. Flow from the IRCM will be co-mingled with Carynginia flow back, and estimates made of the IRCM contribution based on previous results from the Carynginia flow back. Norwest then expects to make a contingent resource estimate. This remains a highly prospective shale / tight gas target.

    And then the cheery on the cake.

    High Cliff Sandstone

    Evaluate data gathered during stimulation and flow back. An extended well test will be conducted in order to establish the areal extent of this interval. Flow back from this zone will be co-mingled with both IRCM and Carynginia flow back, and estimates made on HCSS contribution based on previous flow back results from Carynginia and IRCM. If the zone has sufficient areal extent, Norwest has the option to eventually convert this well to a producing well, once evaluation of all intervals is complete. Norwest assessment remains intact that this is potentially a commercial discovery – confirmation of the areal extent is the remaining requirement necessary (3D). Norwest expects to make a contingent resource estimate on this interval.

 
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