Potts,
The Permian will expand over the next 2-3 years and then it will encounter the same sort of Parent-Child well problems that are now being felt in other USA shale oil basins.
Of relevant interest is TEG Managing Director Rob Towner's announcement yesterday that their first payment for the Xanadu seismic has been paid to Norwest. Let us hope for good weather and a good result.
NWE Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held