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Norwest secures drilling partner

The path to drilling Xanadu-1 in the northern Perth Basin is now clear.

Norwest secures drilling partner

Norwest, which had already farmed out 60% of the costs to Transerv Energy (paying 20% for 15%) and Triangle Energy (paying 40% for 30%), needed to organise financing of the well this week, and it scrapped...

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