NWE 0.00% 5.6¢ norwest energy nl

zepplin that is a great report and not one that i have seen...

  1. 193 Posts.
    zepplin that is a great report and not one that i have seen before. It is incredibly detailed.

    For those of you interested Arrowsmith 1 starts on page 34 and finished page 39. On page 36 it states that the original intention was to have it as a producer and it flow tested at 100,000 M^3 per day
    (3,531 466.67 cubic feet) however it quickly dropped in pressure and subsequently was abandoned in 1981. (we already knew this)...

    Page 38 gives a breakdown of the gas composition and the presence of fluorescence however it states that this was present in the IRCM and the HCSS...

    Also on page 38 they mention the Mountain Bridge 1 well detecting oil shows in the Kockatea zone indicating it as an "oil-prone formation".

    It seems the report, although it didnt give any reserves estimates for the Arrowsmith, Mountain Bridge or Arramall areas my take is that the whole basin is a working O&G system.

    Patience is still required here, even if waiting for the next announcement seems slower than waiting for death...

    TY

 
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