Fortbridge Media ReleaseNorwest Energy NL [NWE] - STP-SPA evaluation in northern Perth Basin encourages application for exploration permitNorwest Energy NL (ASX:NWE) has completed an evaluation of the hydrocarbon potential over 21 onshore blocks in the northern Perth Basin covered by Special Prospecting Authority STP-SPA-0013 (SPA). The SPA is extensive, covering 860 km2 and located between Lancelin and Green Head, and situated to the S/SW of its other northern Perth Basin interests.
The extensive evaluation has identified that there are 3 different hydrocarbon systems that Norwest see as being prospective within the SPA, and will now proceed to apply to convert the SPA to a five year petroleum exploration permit. This will add significantly to Norwests acreage position and extends the footprint to the south of the Basin.
Please find more in the attached announcement
For further information, please contact:
Peter Munachen or Ernie Myers
Norwest Energy
Tel: +61 8 9227 3240
Email:
Media Enquiries:
Peter-John Lewis
Fortbridge
Tel: +61 2 9003 0477
Mob: +61 (0) 416 290 604
Email: