Cliff Head Multi-well drilling Programme Twin Lions 1 reservoir intersected
Norwest Energy NL advises that the Twin Lions 1 exploration well which is located in the offshore northern Perth Basin within permit TP/15 has intersected the Irwin River Coal Measures reservoir unit. Preliminary information suggest the sands are water wet.
FIRM WELLS WELL Permit Potential Equity (mm bbl in place) Cliff Head 3 WA-286-P 80-100 5.0% flowed 3,000BOPD Twin Lions 1 TP/15 360 10.0%* drilling Mentelle 1 WA-286-P 50 5.0%
• paying 20% plus testing capped
NWE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held