Proactive Investor's  Instablog

Norwest Energy (ASX: NWE) has successfully completed the first stage of the key hydraulic fracture stimulation program on its Arrowsmith-2 unconventional gas well in the Perth Basin, Western Australia.

The well is now undergoing clean-up and flow back operations of the High Cliff Sandstone, the deepest of four target intervals, using the Expro well test equipment.

These operations are expected to continue for a number of days with fluid and gas flow rates being closely monitored.

The frac spread is currently rigging down and mobilising to the next well in the joint Norwest and AWE fraccing program.

Once it has completed operations on the AWE well, it will return to Arrowsmith-2 to frac the Irwin River Coal Measures.

This process will be repeated over the Kockatea Shale, the Carynginia Formation.

The program is expected to take up to 8 weeks, with early results expected in the first few weeks along with more solid data being available at the end of the program.

Once the well has been stimulated, the results from the well testing program will enable Norwest to establish the viability of the various target zones for future gas production.

Should the High Cliff prove capable of producing economically, the formation can be quickly brought on stream to provide early cash flow due to the well's proximity to both the Dampier to Bunbury Pipeline and the underutilised Parmelia Pipeline.

Proactive Investors is a market leader in the investment news space, providing ASX "Small and Mid-cap" company news, research reports, StockTube videos and One2One Investor Forums.

Partners in EP 413 are operator Norwest with 27.945%, AWE Limited (ASX: AWE) with 44.252% and India's Bharat PetroResources (27.803%).

Proactive Investors is a market leader in the investment news space, providing ASX "Small and Mid-cap" company news, research reports, StockTube videos and One2One Investor Forums.