Announcement:
Norwest provides reference to an ASX announcement dated 12th October 2007,
released by the Puffin Oilfield operator, AED Oil Limited, as attached.
Norwest has a 1.25% over-riding royalty interest in the Puffin Field and the AC/P22
permit. Production from Puffin is a huge achievement for AED, and Norwest
congratulates them on their success.
The royalty to be received by Norwest from the Puffin field will make a significant
impact on the Company’s finances going forward and will allow it to seek out and
acquire advanced exploration and/or production opportunities to add to its already
sound and diverse exploration portfolio.
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