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
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