NWE 0.00% 5.6¢ norwest energy nl

You have to look at the big picture, this well was the first to...

  1. 161 Posts.
    You have to look at the big picture, this well was the first to be fracced, and was commercially viable. The other wells have thicker shale deposits and hopefully will have better flow rates. When the fraccs have cleared out, we may see higher flow rates also. It could have been worse, it could have be uneconomic and then we would have something to worry about. These wells are never going to make us rich, but they should help to secure the long-term future of this company.
 
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Currently unlisted public company.

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