🕐23.05.11 - 02:54 Uhr

NORWEST ENERGY [ASX: NWE] - PROGRESS REPORT ON ARROWSMITH 2 WELL





Fortbridge Media Release

Norwest Energy [ASX: NWE] - Progress report on Arrowsmith 2 Well

Norwest Energy (ASX: NWE) advises that the Weatherford Rig 826 is currently being mobilised to the Arrowsmith-2 drill location at EP413. Based on current progress it is expected that the well will spud on 28 May 2011.

Arrowsmith-2 will be drilled to target depth (TD) of approximately 3,400 metres and take 37 days +/- to reach TD. The well objectives are to evaluate the viability of several shale gas formations.

The primary shale gas targets are the Carynginia Formation and the Irwin River Coal Measures, whereas the secondary targets are to test the shale gas / condensate potential of the lower Kockatea Shale and the possibility of a conventional gas play in the High Cliff Sandstones.

Following the drilling of Arrowsmith -2, the well will be fracture stimulated to test the productive capacity of the potential reservoir zones and then flow tested.

For further information, please contact:

Peter Munachen or Ernie Myers
Norwest Energy
Tel: +61 8 9227 3240
Email:

Media and Investor Enquiries:
Fortbridge Consulting
Tel: +61 2 9331 0655
Bill Kemmery +61 (0) 400 122 449

Peter-John Lewis +61 (0) 416 290 604




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