NWE 0.00% 5.6¢ norwest energy nl

We don't have the funds to do A2 as you suggest unfortunately.A2...

  1. 2,897 Posts.
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    We don't have the funds to do A2 as you suggest unfortunately.
    A2 needs horizontal drilling into the layers of discovery and then the fraccing.
    Drilling prices are at lows but so is our share price and the price of oil and gas.
    The resource is there with even the top layer yielding 20 barrels of oil(condensate which is raw petrol) per day with the 18 metre frac zone which was zone 4.
    For those who are new and did not follow all of the A2 drilling I recommend going back and reading the posts back then as there was an enormous amount of information researched by the NWE hotcopper shareholders back then.
 
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