Nov 11, 2010
Norwest endorses AWE’s view of shale gas potential of the Perth Basin
Norwest Energy announces that it endorses the view that A W E Limited has for the shale gas potential of the Perth Basin.
NWE also shares the same view of AWE that “the commercial drivers in the Perth Basin could allow this shale gas opportunity to provide Australia’s first commercial venture in the growing global phenomenon of “unconventional” Shale Gas production.” In fact Norwest has had such a view since the early part of 2010 which has been reflected through its asset dealings in EP413 during the course of 2010.
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Source: Forbridge
Category:
Offshore and Energy
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