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NORWEST ENERGY NL

ASX: NWE

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Norwest Energy NL is an Australian-based exploration and production company with assets in Australia and the United Kingdom.

Australia

The current primary focus of Norwest is to progress development of the rapidly emerging shale gas industry within Western Australia, in particular from the northern Perth Basin. Norwest maintains a valuable portfolio of tenements in the basin, and its flagship project the Arrowsmith Field in EP413 is well positioned to exploit the highly prospective shale formations prolific throughout the area. Norwest's primary objective is to unlock the vast commercial potential to be realised by development of these assets.

United Kingdom

Norwest’s United Kingdom interest are focused on the Wessex Basin, southern England. Along with Joint Venture partner Wessex Exploration, Norwest was recently awarded the provisional award of a Promote Licence over three blocks 98/7b, 98/8a and 98/12 (part). These blocks lie immediately east of the giant producing Wytch Farm oil field, situated in Bournemouth Bay in southern England, and include conventional oil targets that can be drilled from onshore.

Mine For

oil, gas

Location of operation(s)

Western Australia, UK

Australian Basins

Perth

Address

Level 2, 6 Thelma Stree
WEST PERTH, WA, AUSTRALIA

Phone

(08) 9227 3240

Email

Website


Last Updated

13/5/2015

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.