Certainly worth taking up your rights. Once they are out of the way I would expect the company to use its funds to do some exploration after getting farm in partners. There are a lot worse oil juniors than NWE, the management seem ok and they do have some revenue. I will be looking for more after the shakedown.
One more thing, the sector is on a role right now, tomorrow NWE could have its turn and go for a trip north.
All imho
Regards
Pixby
PS I reckon NWE's acreage next to Wytch Farm in Dorset is prime
NWE Price at posting:
1.5¢ Sentiment: LT Buy Disclosure: Held