NWE 0.00% 5.6¢ norwest energy nl

ep413

  1. 147 Posts.
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    Just a curiosity question. Why did Origin selll its 50% odd interest in EP413early last year to NWE for $87500 considering it's potential (ie knowing the Arrowsmith1 results)? I assume they have enough on their plate in QLD and PNG.
    Then Victoria Petroleum sold their 5% stake a month or so later for $8000 odd.

    I just don't get it. Its something I have been wondering about since last year. Any Ideas.
 
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