Currently, the Woodada Deep and Arrowsmith activities have been referred to the Western Australian Environmental Protection Agency and a decision is expected in September.
The forward program for operational activities will be dependent on the receipt of these final regulatory approvals and the availability of the stimulation equipment, which is currently located at Dongara, in the Perth Basin. Given the current delays in the receipt of these approvals, there is a risk the stimulation equipment may not be available to commence this work in the September quarter.
NWE Price at posting:
3.5¢ Sentiment: LT Buy Disclosure: Held
