Time frames, page-9

  1. 3,189 Posts.
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    Chrizzo,
    It is all in the announcements and it is not that hard to put together.
    StockholmRod I believe that there is a lot of interest bubbling around the Perth Basin.
    AWE with three wells(I think) to be drilled within the next 12 months, A3 maybe in 9 or 10 months or so.
    The analysis of the drover1 well cores. Then maybe they will fracc drover 1 or they (AWE) may decide, rather than spending the extra money, rely on the results of the A2 and A3 wells, especially if the test results come out the same with the Organic carbon content, brittleness etc.
    If it plays out as above then it maybe more difficult to get those cheap shares.
    There will be investors out there who will be watching and depending on their own personal triggers start accumulating.
    The NWE story is success. The share price is not reflecting the prize in my opinion.
    The packer investment company who has taken a percentage of AWE is getting set early and there will be others who will look at other stocks including NWE and TTE.
    Someone mentioned EGO in an earlier post as a company to watch. That maybe, but they are currently sucking on a traditional find as opposed to Shale.
    I repeat again, from the announcements, the potential gas in place is (NWE)2.63Tcf of Gas, (AWE)2.7Tcf of gas. These results are from independent calculations from different independent companies.
    This converts to a resource of approximately 125 - 150 million barrels of Oil equivalent, on shore, close to infrastructure for NWE alone from EP413. NWE have further permit areas which will when drilled add to this massive total.
    Eventually the penny will drop with investors or with bigger Oil companies who will want a piece of the action. Then it will be hang onto your hats.
 
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