ASX listed Australian oil and gas exploration company focused on exploring and developing the petroleum resources of the Perth Basin, Western Australia.
About Norwest Energy
Norwest Energy NL is a Perth Basin focused gas & oil exploration company headquartered in Perth, Western Australia. The company hold interests in two high-impact onshore exploration permits.
Norwest Energy is experiencing transformational growth further to the significant Lockyer Deep-1 conventional gas discovery of late 2021. Appraisal of the discovery, in addition to exploration drilling of other identified leads, offers investors superior leverage to this emerging and prolific geological play.
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The Perth Basin is a large onshore/offshore sedimentary basin of late Permian age that extends approximately 1,300 kms along the West Australian coast. The basin has been explored for oil and gas since the early 1950’s…
EP368/426 Onshore Exploration
Exploration permits EP368 and EP426 encompass an area of some 1,725 km2 within the highly prospective “sweet spot” of the northern Perth Basin. The permits’ prospectivity has been greatly enhanced by the very significant Permian gas discoveries at Waitsia.