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Norwest Energy’s Quarterly Report December 2009 January 29, 2010

Posted by Fortbridge in Energy.
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Norwest Energy (ASX: NWE) reports for the quarter ended 31 December 2009.

HIGHLIGHTS

  • Detailed interpretation of the September 2009 FTG survey has confirmed TP/15 Xanadu and Redhill South structures as the prime targets for the 2010 drilling season.
  • Well construction advisory group Aztech Well Construction appointed to assist with well planning for TP/15 drill targets – Xanadu and Redhill South.
  • Norwest to increase its interest in Northern Perth Basin exploration permit – EP413 – from 1.278% to 50.467% by acquiring Origin Energy’s 49.189% interest.
  • Additional high-resolution ground gravity survey was completed over Dorset, UK block – PEDL238 – in October 2009. Now merged with previous data and interpretation, it confirms a number of leads.

Click here to view the full announcement.

For further information, please contact:

Peter Munachen or Ernie Myers
Norwest Energy NL
08-9227 3240, or email info@norwestenergy.com.au

Media and Investor Enquiries:
Fortbridge on +61 2 9331 0655
Steve Rotherham on +61 421 488 320
steve.rotherham@fortbridge.com

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