Norwest seeking $18M after well success 

AFTER huge success at Lockyer Deep-1 in the Perth Basin Norwest Energy is out to raise $18 million via institutional placement and share purchase plan, with support from its largest shareholder and well operator Mineral Resources. 

Norwest seeking $18M after well success  Norwest seeking $18M after well success  Norwest seeking $18M after well success  Norwest seeking $18M after well success  Norwest seeking $18M after well success 
The mining giant's subsidiary Energy Resources holds 80% of the project and acts as operator; the gas is intended to be sent to its mine sites as a cleaner power source than diesel.