Dear All,
Norwest has today announced to the ASX that the company has received the required Federal and State government regulatory approvals to proceed with its planned EP413 Arrowsmith 3D seismic survey.
Norwest is pleased to be given approval by the regulators to proceed as the results of the survey will make a significant contribution toward defining the commercial potential of the Arrowsmith project.
Commencement of the survey will be an important milestone for Norwest in 2015. In addition to the seismic survey, discussions are continuing with interested parties in the farm-out of TP/15, which if successful will lead to planning for the drilling of the Xanadu prospect. These, and the other exploration activities taking place, are all positioning Norwest to be well placed to benefit from the renaissance of the Perth Basin in 2015.
Norwest also takes this opportunity to remind eligible shareholders that they have until 5.00pm (AWST) on Friday 13 March 2015 to participate in the Share Purchase Plan.
The ASX announcement can be located on the website within the home page and on the Investors/ASX Announcements pages.
http://www.norwestenergy.com.au
Roberta Gowans
NORWEST ENERGY NL
ABN: 65 078 301 505
288 Stirling Street, Perth, Western Australia, 6000
PO Box 8260, Perth Business Centre, Western Australia, 6849
Tel: +61 8 9227 3240 | Fax: +61 8 9227 3211 | Email: info@norwestenergy.com.au |
Web: www.norwestenergy.com.au
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