where to for 2014?

For comparison, work began at A2 after the xmas break on 18 January 2013, so we are still potentially weeks away from anything meaningful happening there. (Great time to prepare an in-house Norwesterly instead of paying the likes of Edison to do the same job, no?)

If we leave A2/A3 alone, and look at the other projects/pipe dreams.

TP15 - 2D seismic planned for 2014. Norwest seeking farm in partner to assist with funding. (seems to have been going nowhere for a while now)

SPA0013 - atleast 6 months off any seismic (and that is without adding on NWE time)

UK - a regional study group formed.
presentations made to US and euro majors to seek funding.
2D seismic completed in October 2013.

Seems like NWE have been rattling the tin for a while without attracting any partners.

Can't forget that the longer these projects draw out, the longer NWE forks out approx $700k a quarter in admin expenses (that figure is from memory, but i believe it to be correct)

could be another painful year coming up.