NWE 0.00% 5.6¢ norwest energy nl

Hi Al99,And let's remember that the West Erregulla Gas field has...

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    Hi Al99,
    And let's remember that the West Erregulla Gas field has 4 successful wells drilled, multiple production tests along with 3D seismic to derisk the gas resource base thereby increasing certainty. Lockyer Deep currently has 1 very good well, only 2D seismic and therefore greater uncertainty on resource base. Successful drills at Lockyer 2 and North Erregulla Deep 1 will see NWE rerate significantly. Then we get the 3D seismic to really sharpen the subsurface picture at Lockyer and Lead E.

    Kind regards OldGeo
 
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