NORWEST Energy and its partners at Arrowsmith-2 in the Perth Basin have flowed oil from the Kockatea shale formation, prompting a shut-in of the well while Norwest scrambles to find adequate equipment to store potential volumes of oil from the zones.
Just got to love the word "scrambles" to find equipment to sore volumes of oil...
just maybe this is the significance needing evaluation, hopefully...
totally enjoying the positive thoughts, because tomorrow may be the opposite.
NWE Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held