Norwest expects windfall from Puffin stake

NORWEST Energy is set to benefit from its minority stake in the Puffin project after AED Oil announced development plans for the project in the Timor Sea.

Norwest expects windfall from Puffin stake Norwest expects windfall from Puffin stake Norwest expects windfall from Puffin stake Norwest expects windfall from Puffin stake Norwest expects windfall from Puffin stake

In a company presentation last week, AED Oil said it had upgraded reserves at the project and was considering a number of development options that would see production resume within 18-24 months.

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