NWE 0.00% 5.6¢ norwest energy nl

acp 22 the area (the puffin prospect is contained within) has...

  1. 108 Posts.
    acp 22 the area (the puffin prospect is contained within) has other leads. AED was running a programme about 12 months ago to explore these further.

    As poo goes up , and AED has had some setbacks (one duster I know of) I feel they may start to reasses their existing puffin play.

    If they kick it off again it would be good news for Norwest.

    AEDs sp has taken a hammering and sooner or later they are going to have to look at their existing puffin asset and make a call.

    sale or recommence production (possibly more drilling). I think they need to do something with it in the next 12 months.

    From memory it was flowing at about a third of what they originally estimated and they claimed dispute with the fpso operator as their reason of plugging/suspending it.

    DYOR

 
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