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NWE, NORWEST ENERGY NL
regn
post Posted: Sep 22 2021, 07:38 PM
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Let’s hope it keeps going. Surely a share consolation is on the cards. More than half a billion fully paids traded today.



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[FONT=Courier][SIZE=7][COLOR=blue]zorg
 
nipper
post Posted: Sep 22 2021, 07:18 PM
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In Reply To: regn's post @ Sep 11 2021, 04:12 PM

This is shaping up as a significant discovery

First good news on 08 Sept drove the SP from 0.8 to 2.0c, and today after the latest update, pinging 3.4c and closing at 2.7c

LOCKYER DEEP-1 GAS DISCOVERY EXCEEDS PRE DRILL EXPECTATIONS
HIGHLIGHTS
§ Petrophysical analysis of wireline data confirms exceptional reservoir quality in Kingia Sandstone
§ Net gas pay 20.2 metres (TVD) with average porosity 16% and average permeability estimated 500 Millidarcies
§ High reservoir pressures indicate an estimated 600 to 800 metre gas column
§ Discovery is expected to exceed Norwest's pre drill High Case prospective resource
§ Well being completed for production testing




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: regn  
 
regn
post Posted: Sep 11 2021, 04:12 PM
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I thought the price would show more bounce as the drilling approached depth limit. The response was even subdued on announcement
but showed more life the following day. I hope the detailed assessment doesn't disappoint.



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[FONT=Courier][SIZE=7][COLOR=blue]zorg
 
henrietta
post Posted: Sep 11 2021, 08:16 AM
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This little oiler from WA has found something lately .......... again !!

https://cdn-api.markitdigital.com/apiman-ga...4df02a206a39ff4

Cheers
J



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"Sometimes I sits and thinks, and sometimes I just sits." Satchel Paige

"No road is long with good company." Traditional
 
kiril
post Posted: Aug 2 2019, 02:29 PM
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In Reply To: regn's post @ Aug 1 2019, 12:07 PM

I miss King Baz. Hope he is well and managed to get out.

So long ago now.

Kiril.

I hold.

 
regn
post Posted: Aug 1 2019, 12:07 PM
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In Reply To: kiril's post @ Aug 1 2019, 11:05 AM

Many thanks Kiril. I am still holding also. Where is King Baz?



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[FONT=Courier][SIZE=7][COLOR=blue]zorg
 


kiril
post Posted: Aug 1 2019, 11:05 AM
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life in the ole girl yet!!!

Kiril.

I hold


Said 'Thanks' for this post: regn  
 
kiril
post Posted: Jun 26 2019, 01:49 PM
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In Reply To: gulf's post @ Jun 25 2019, 09:41 AM

I hope you are right, but we will see soon enough.

Kiril.

I hold.

 
gulf
post Posted: Jun 25 2019, 09:41 AM
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In Reply To: kiril's post @ Jun 24 2019, 01:42 PM

I do not think it is on deaths door .

 
kiril
post Posted: Jun 24 2019, 01:42 PM
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So much potential here all those years ago and now on deaths door.

Such is the life of a speckie.

Kiril.

I hold

 
 


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