NWE 0.00% 5.6¢ norwest energy nl

ftg to open up northern perth basin: norwest, page-2

  1. 25,108 Posts.
    ... and there was this article as well:-

    Source: www.petroleumnews.net

    Norwest completes UK gravity survey
    Thursday, 17 September 2009

    NORWEST Energy has completed a high-resolution ground gravity survey at its PEDL 238 exploration licence in Dorset, southern UK.

    The ground gravity data will be used to form a gravity map that will be used to identify basement-involved structures at depths of 1800-2000m.

    Data from the survey will be combined with existing seismic data and results from the earlier phase one survey completed in October 2008 to confirm the petroleum potential of the permit.

    This is expected to be completed by the end of this year, with Norwest to shoot 2D seismic over the permit in the latter half of 2010.

    Norwest holds a 50% stake in PEDL 238, located just to the north of BP’s giant Wytch Farm oil field which has produced more than 400 million barrels of oil and has estimated total reserves of 500MMbbl.


    Ends.

    Cheers, Pie (:
 
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.