future of nwe, page-12

Imac,
Why?

We have had a very successful A2 and there are obviously plans to drill A3. Bharat has recently come out and said how happy they are and AWE has a 2-4 drill WA shale gas program next year.

Please google China " Choking to death" and you will realise where gas is going. Up.

NWE are sitting on one of the world's best shale gas basins.

I agree, this is going to take a lot longer than I ever envisaged but the fundamentals have only got better. Especially with the A2 results. You don't plan to do a 3D unless you are pretty confident.

Looking forward to the Q&A.