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Norwest Energy NL

Norwest Energy NL     

20-Feb-04      

Sale and Purchase Agreement for the disposal of the Company's 5% interest in the Cliff Head Project (WA-286-P) to Itochu Oil Exploration Co Ltd was executed by the parties on 19 February 2004 Settlement of the sale price of $8.1 million is expected to occur during April 2004.

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