1, far-out agreement will be finalised in March.(as already at the end of Feb, they made such comments, I believe only some details need to be done in following weeks)
2, NWE will be the operator (as I post before)
3, NWE may remain 50% of TP/15
4, Norwest is already making progress in TP/15, (well construction) indicating its strong confidence for the farm-out and its operatorship.
5, Importantly, Norwest is also continuing to refine its data over other prospects in TP/15, such as Capel and Metricup.
6,most importantly!!!!! I first notice that Wessex project actually much bigger than TP/15!!!!!
While the north Perth Basin is a company-maker, the Wessex Basin can be a monumental companymaker,
"we are the operator. The work we have done to date is extremely encouraging.
----further leaks the good FTG results on Wessex Basin.
7, the year ahead promises to be a time of opportunity for Norwest with a number of clearly defined projects to drive shareholder value.
Cheers and good luck our shareholders
NWE Price at posting:
2.8¢ Sentiment: LT Buy Disclosure: Held