NWE 0.00% 5.6¢ norwest energy nl

Drill rig schedule is LD2 and then onto NED1, then the rig moves...

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    Drill rig schedule is LD2 and then onto NED1, then the rig moves to our southern neighbours. I'm sure SN is champing at the bit for the drill rig and wouldn't want any delays.
    After those 2 it's back to MIN

    Im seeing the numbers this way.
    Before the T/O NWE held 20% of EP 368
    MIN now have 70% of that 20%, which equates to 94% in total
    The remaining 30% which I'm sure will be whittled down even further over the next 2 weeks, but we then have the drill spinning (should be)

    So best and final will end in 2 weeks, we hopefully get strong flows on LD2 and if we survive out to NED1 flow testing, show the whole thing is big gas field.

    MIN and CE want this gas field for themselves, if the offer was fair in the beginning this would have been a done deal already. However, still happy to be holding out to see how this plays out.

    GLTA



 
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