Production testing delay fears at Lockyer Deep-1

PERTH Basin joint venture Norwest and Energy Resources have confirmed the location of the cement stuck in the casing annulus at the Lockyer Deep1 well but have warned the issue could delay production testing until early next year.

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Norwest shares fall 17%

The Lockyer Deep-1 well sits in EP368, with Norwest holding a 20% interest and operator Energy Resources holding the rest; the company is a subsidiary of miner Mineral Resources.