Fortbridge Media ReleaseNorwest Energy [ASX: NWE] - Fugro Airborne Falcon Gravity Gradient dataNorwest Energy NL (ASX: NWE) advises that Fugro Airborne Surveys Pty Ltd (Fugro) has now delivered the Gravity Gradient and magnetic data over the Northern Perth Basin, Special Prospecting Authority- STP-SPA -0013 (SPA).
The airborne survey was flown during August and Fugro acquired 2140 kms of data covering the entire SPA area. Norwest will now conduct a comprehensive interpretation of the survey. These data will assist Norwest to establish the SPAs prospectivity by identifying more accurately potential basement related fault blocks and adjacent deep troughs. In the event that the results are positive Norwest has a six month option period until 4 April 2012 in which it may submit an application for a petroleum exploration permit.
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:
Fortbridge Consulting
Tel: +61 2 9331 0655
Peter-John Lewis +61 (0) 416 290 604