If you're thinking about selling into this cr*p offer, reread...

If you're thinking about selling into this cr*p offer, reread recent announcements!

Norwest Energy Managing Director, Iain Smith commented: "Securing suitable rigs to tap theconsiderable potential of the high-margin Perth Basin Permian gas play has been a challenge, and we are therefore pleased that our joint venture Operator has been able to secure Ensign Rig 970 to facilitate the Lockyer drilling program.
We look forward to the results of the Lockyer-2 and North Erregulla Deep-1 wells, which are designed to
confirm that the Lockyer structure hosts a very significant onshore conventional gas field.
Looking beyond the imminent drilling program, contingent Lockyer-3 and Lockyer-4 appraisal wells are in the planning phase with construction of the Lockyer-3 well pad already in progress"