Norwest Energy Nl (NWE:ASX)
0.5¢ 0.001 (25%)
Norwest Energy NL is engaged in exploration for hydrocarbon resources. The Company operates in the oil and gas sector. The Company holds interests in various tenements in Australia, which include EP 413, TP/15, EP492, Special Prospecting Authority (SPA)-016 AO, EP 368/EP 426, EP492 and L14 Jingemia Oilfield. The Company's the United Kingdom interests are focused on the Wessex Basin, southern England. In the United Kingdom, the Company holds interests in Promote Licence P2265-Offshore Wessex Basin. The L14 production license contains the Jingemia Oil Field and it has contained over 12 million barrels of oil in place, with a production capacity of approximately 4.6 million barrels. The Company's subsidiaries include Westranch Holdings Pty Ltd and Norwest Perth Basin Pty Ltd.