update out, page-2

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    ASX: NWE
    2 August 2012
    Arrowsmith-2 Weekly Project Update 1
    Norwest Energy (ASX:NWE) is continuing with the flow back and clean up phase of the
    Arrowsmith-2 evaluation program, following the successful hydraulic fracture stimulation of stage
    one – the High Cliff Sandstone target on Sunday 29th July 2012. The well is still unloading water and
    gas, with regular fluid samples and pressure measurements being taken for analysis, however an
    established gas flow rate is still not available at this early stage.
    Whilst flowing back the well continues, Norwest is concurrently preparing the site for Stage 2 of the
    program, the hydraulic fracture stimulation of the Irwin River Coal Measures (IRCM). The IRCM is
    at a depth of 2949m and approximately 330m thick in the vicinity of Arrowsmith-2, and is a hybrid
    shale/sandstone interval.
    Norwest will continue to release a weekly update each Thursday for the duration of the activities on
    site, with operations expected to continue for another 6-7 weeks.
    The participants in the EP413/Arrowsmith Joint Venture are:
    Norwest Energy NL (Operator) (ASX: NWE) 27.945%
    AWE Limited (via subsidiary ARC Energy Ltd) (ASX: AWE) 44.252%
    Bharat PetroResources Ltd 27.803%
 
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