10/03/2020 - 14:44

Norwest now debt free and ready to rumble at Lockyer Deep

10/03/2020 - 14:44

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Norwest Energy has stripped down and is fit to fight without the burden of debt as it looks to drill out its Lockyer Deep-1 exploration well that is only 15kms north of Strike Resources’ huge West Erregulla gas discovery. Norwest said it has discharged a $1m convertible note facility by repaying $750,000 and issuing 100m shares to noteholder Sundowner International after receiving shareholder approval.

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