today nwe shows the price is zero.does anyone know what is going on with norwest energy?

anyone following this stock? Rocket Rodo

I originally at 15.5c some weeks ago and am looking to perhaps increase exposure.

some of the recent share price rise could be attributed to the increase in POO to +US60, though I feel fundamentals are more of a driving force.

Interesting drilling program (gas) in the US, potential for 100 wells to be producing reliable revenue in years to come.

Fraccs results of first 5 wells due any day now.

20% interest in huge Magnolia oil drill to be spudded in August, has 25% chance of a 80-100million barrels.

could be worth holding up until magnolia spud, then sell down for free carry into results as I think this stock will perform well in coming weeks. (as long as the A*s doesn't fall out of the oil price!).

Not financial advice, just my thoughts.

some of the recent share price rise could be attributed to the increase in POO to +US60, though I feel fundamentals are more of a driving force

meaning company fundamentals

I bought parcel of these at 11c several months ago. Junior Oiler Weekly has been bullish on these for quite a while. They do look very good - price is rising in anticipation of fraccing results - possibly due tomorrow or Thursday - from gas drills in the Appalacian mts. Good flows will see the price rise - poor flows - not worth mentioning. Magnolia is the big one, a miss here could see the price go backwards to 10-11c again. A well run co, lots of potential.

Hi folks,

NWE ..... an updated look at key dates ahead .....

14072005 ..... minor

22072005 ..... minor

03-04082005 ..... 2 x minor and positive

08082005 ..... 3 major cycles .... spotlight on NWE,
looks positive and may trigger a
significant rally, up to around
26082005.

Expected overhead resistance around 20 - 25 - 36 cents.

Downside support 14 - 12.5

happy trading

yogi

Hi folks,

NWE ..... we have seen the pullback from around
26082005, as detailed in our previous update on
the time cycles ..... see post above .....

Looking ahead, NWE price/news may also respond
to these key dates:

08092005 ..... minor

13092005 ..... minor

23-26092005 ..... minor .... finance-related ???

29092005 ..... significant news ...???

7-11102005 ..... major ... spotlight on NWE .....

19102005 ... minor news

21-24102005 ..... minor and positive

Technically, it would be good to see another test
of recent lows, with a bounce off 12-13.5 cents .....

Upside will likely see heavy resistance,
around previous highs 19-20 cents.

happy days

yogi

NWE should announce the results of it's fraccing program in Tennessee this week. If the gas flows are better than the first well the SP should head north a few cents. A posting elsewhere on Friday afternoon was suggested this was not going the be the case and the SP dropped. I'm sure all will be revealed this coming week.

After this anouncement the next news for NWE will the the spud of the Magnolia well. Expect a pre-spud rise in October.

Closed at 16c tonight. The SP of this Co should slowly rise as Magnolia spud draws closer - yesterdays presentation states early November.
NWE has a number of irons in the fire as well as producing gas in eastern USA. Management are excellent and NWE should be a great long term hold.

Commercial gas flows from the 5 fracced Tennessee wells announced today with suggestion that up to 100 wells could be drilled on the leasehold. At current gas prices in USA these wells are commercial and should be profitable after 6 months.

SP rose today to 17.5c but could drift until closer to the spud of Magnolia in early November.

Given it's interests in Tennessee, Magnolia, North Sea and Puffin this would have to be an undervalued oiler. Time will tell.

I hold.

break out of 20c today... could have a bit of a run in the lead up to Magnolia

Hi folks,

NWE ..... a few positive cycles should keep
this one buoyant, over the next month or so:

26-29052006 ..... significant and positive news???

06062006 ..... positive spotlight on NWE .....

12062006 ..... minor

13062006 ..... significant and negative news???

19062006 ..... a low???

29-30062006 ..... positive news/moves???


happy days

yogi

Hi folks,

NWE ..... ended last week with a high-volume day
to lift the stock off recent support, around 11 cents.

Looking ahead, we can see key dates for NWE, around:

27112006 ..... minor news expected here

30112006 ..... significant cycle ... finance-related?

08122006 ..... positive light on NWE .....

18122006 ..... significant and positive news ... ???

22122006 ..... significant and negative - finances?

28122006 ..... short, aggressive rally here???

05-08012007 ..... 2 cycles here - spotlight on NWE
and negative news expected.

16012007 ..... significant and positive - finances???

24012007 ..... significant and positive news ???

02-05022007 ..... positive spotlight on NWE will
likely be short-lived .....

06-07022007 ..... significant and negative slide .....
should also be short-lived.

08-14022007 ..... 2 cycles - strong rally, tempered by
difficult financials ... ???

March and April 2007..... looking mostly negative for NWE.

happy days

yogi

P.S. ..... holding NWE



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