nwe, page-7

I would add that NWE's pulse rate is the best since I have been a holder. Jigemia well J4 is producing at around 19 barrels a day (NWE's share), J8 produced for the April to June quarter 4.5 barrels and has since been worked over so we would expect a reasonable lift in production rates, and J10 and J12 are being brought back on line after they are worked over.
With a bit of luck the Xanadu seimic will commence soon and it looks very promising, don't forget that it has been lodged with the appropriate department as "an oil discovery". We also have EP368 as Tui pointed out as being a very valuable permit. Throw in EP426 and EP413 and IMO NWE are in reasonable shape. They are generating an income and have some very valuable assets so I don't agree with your comments at all. Yes we have too many shares on issue but that is fixable in the future.