NWE 0.00% 5.6¢ norwest energy nl

Merry Xmas and a prosperous NWE year, page-39

  1. 1,802 Posts.
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    Agree @alexei ii
    With the demanding schedule announced by MIN, have no doubt that this program is all go,go.
    The next 12 months are going to be very busy and exciting for JV. I really enjoy this period of activity and anticipation, when you know that the initial risk is removed with great results reported . Now we wait for confirmation of quality & size of resource to see how successful the drill has been.
    Just a snapshot of what's on the agenda for the next 12 months.
    PRIOR JUNE 2022
    - LD 1 flow test
    - 2D seismic program
    - 2D seismic results
    PRIOR DECEMBER 2022

    - North ED1 appraisal well
    - LD2 appraisal well

    ALL ABOVE FUNDED FOR

    PRIOR MARCH 2023
    3D seismic program
    LD 3 appraisal well

    Trying to factor in when NWE will go for a CR is most interesting given the program above ?? Not even considering a possible TO. If the flow test results are what is expected then the SP is going to rise considerably , how considerably. Fair to say a lot still hangs on these results & other info that will emerge. Going to be watch at all costs this next quarter. But I can feel the build, happy new year to all.
    All imo.





 
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