NWE 0.00% 5.6¢ norwest energy nl

fraccing

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    Target start date 1st September.
    "Awesome"

    Norwest awaits approval to conduct hydraulic fracture
    stimulation operations on its Arrowsmith-2 well in EP413
    Norwest Energy NL (ASX:NWE) advises that it has applied to the
    Department of Mines and Petroleum of Western Australia (DMP) for
    approval to carry out hydraulic fracture stimulation operations at the
    Arrowsmith-2 well in the EP413 permit in the Northern Perth Basin.
    It has been incorrectly reported in the media that Norwest Energy has
    received all necessary approvals to proceed with the reported hydraulic
    fracture stimulation program. Norwest has not yet received the required
    approvals to proceed with this program.
    Norwest has provided all of the necessary data to the DMP to support
    this application, and is currently awaiting formal approval. Norwest will
    not proceed until all approvals are in place. The DMP has stringent
    requirements to conduct any drilling or other activities such as fraccing,
    and details of these guidelines are available on the DMP website. To
    view, copy the following details into your web browser:
    dmp.wa.gov.au/12872.aspx.
    In the meantime, Norwest is continuing to work towards a start date of
    1st September, as planned, with all services, equipment and consumables
    in place to facilitate the program commencement, immediately upon
    receipt of the final approval by the DMP.
    Peter Munachen
    CEO
    Norwest Energy NL

    regards

    Potter
 
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