🕐09.04.10 - 04:02 Uhr

Norwest Energy [ASX: NWE] - Seven promising onshore UK leads identified



Fortbridge Media Release
MEDIA DISTRIBUTION BY



Norwest Energy [ASX: NWE] - Seven promising onshore UK leads identified

A regional geology and geophysical and resource evaluation of Norwest Energys (ASX: NWE) onshore southern England permits has identified seven leads that could be matured for drilling.

Highlights:

* Wessex Basin regional data evaluation completed
* Potential p50 unrisked recoverable oil ranging from 3.4MMbbl to 53.88MMbbl on seven leads identified in Norwest�s three Southern England permits.
* Economic scoping study determines minimum volume of 400,000 bbl oil as commercial threshold for future UK onshore discoveries.

Please find more in the attached announcement.

For further information, please contact:
Peter Munachen or Ernie Myers
Tel: +61 8 9227 3240
Email:

Media and Investor Enquiries:
Fortbridge on +61 2 9331 0655 or
Steve Rotherham on +61 (0)421 488 320
Email:


Fortbridge.NET is a specialist web-based service for clients ("Issuer") of Fortbridge Consulting Pty Ltd.

For all enquiries related to this announcement or any attachments, please contact the Issuer directly on the contact details provided.

DISCLAIMER: The message and attachment issued with this email may contain "forward-looking statements", which are projections that reflect the Issuer`s reasonable beliefs based on information currently available.

Although they may have been approved by qualified persons to be announced in this manner, such statements are subject to various risks and uncertainties that could cause actual results and future events to differ materially from projections expressed or implied by the Issuer.

Therefore, readers are cautioned that "forward-looking statements" are not guarantees of future performance or achievements.

Readers are also encouraged to take notice of any further disclaimers or compliance statements that may be included at the end of each announcement attached, especially those specific to different stock exchanges and their jurisdictions.

Fortbridge is a Public Relations consultancy.

The shareholders in Fortbridge may also be shareholders either directly or indirectly in the companies Fortbridge represents.

PRIVACY: You have been regarded as a relevant contact through research.

If you believe there is another member of your organization who would make better use of announcements like this, please reply to this e-mail and let us know.

If you simply wish to be excluded from our distribution list with no substitute, reply to this e-mail with the subject "Please Remove Me".

Please consider the environment before printing this document.




Products & Services | Jobs