Raimop, In case you don't go back that far, it was NWE (Peter Munachen) that discovered a little "commercial" oil well called Cliff Head (just north of Xanadu) that has been producing oil for over 10 years. NWE sold out of their 5% of Cliff Head for $5m. Didn't have the cash to pay their share of building a rig.
NWE Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held