Hi bucknor , Thanks for the article from the West Australian. The way this area is shaping, it up could be one of the most exciting developments in the Australian oil and gas industry for many years.
Given that it is happening at a time of world tension and increasing oil prices it will attract substantial market activity. This is the upcoming sharemarket driver in Australia for 2003.
All the companies mentioned in the report will benefit but I'm backing NWE to be outstanding.
They have the funds in place and an extensive drilling prigram and are backed by known reserves in Cliff Head.
They have said that they will report each, day so there will be market information to comment on and hopefully the next week will bring the first success.
Happy Days are here again.
Regards M.
NWE Price at posting:
0.0¢ Sentiment: None Disclosure: Held
