NWE
Click for more information
0.00% 5.6¢ norwest energy nl

why did they not drill horizontal test well?, page-2

  1. andyno3
    10,937 Posts.
    lightbulb Created with Sketch. 232
    clock Created with Sketch.
    27/08/12
    09:31
    Post #: 10626483
    Because before you go and spend millions on a horizontal well you test the layers/zones via a vertical well first to prove up the best formations.
    NWE Price at posting: 6.6¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 15  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

MTL After long delays, Mantle Minerals kicks off drillrun for gold at Mt Berghaus
right-arrow Created with Sketch.
BRX Sampling in Argentina points the way to a base metals porphyry for Belararox
right-arrow Created with Sketch.
NEWS Market Open: Tame US inflation revives bullish sentiment; ASX to jump
right-arrow Created with Sketch.
M2R Miramar upgrades target within WA's Gidji, suggests extension to Northern Star's 8 Mile Dam
right-arrow Created with Sketch.
CCO Calmer Co clocks $150K in sales of its kava-based health drinks at Coles
right-arrow Created with Sketch.
MGU Magnum to raise US$210M to advance Saudi green pig iron plant
right-arrow Created with Sketch.

Top Stories

watchlist Created with Sketch. Add NWE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.