Norwest Energy has received the required necessary State Government regulatory approvals to proceed with its planned Xanadu 3D seismic survey in exploration permit TP/15, approximately 300km north of Perth, Western Australia.

Ordering of long-lead items for the planned Xanadu 3D seismic survey will now commence. Now that these approvals have been granted it is anticipated that mobilisation to site will beginin mid-April, with the survey acquisition commencing in the first week of May, pending arrival of the necessary equipment and suitable weather conditions. Processing and interpretation of the data will follow, the results of which should become available during Q4 CY 2019.

Norwest Managing Director and CEO,Shelley Robertson, commented:
"We are very pleased to finallybegranted approval to proceed with the survey. It has been a long process, however now it is time tobegin with project implementation, to get the acquisition program underway as soon as possible.

“Notwithstanding the delays, the timing of this approval has worked in our favour, as the mid-year period usually provides optimal weather conditions relating to wave height and wind strength, which should improve the quality of our data and minimise the acquisition timeframe. The results of the survey will make a significant contribution toward defining the commercial potential of the Xanadu project.

"Norwest has recently updated the market on increased exploration potential within the L14 production licence and, coupled with this Xanadu approval, we have had a run of good news. Additional work on our other permits is also continuing and shareholders will be notified of any material developments as they arise.
'2019 is shaping up to be an exciting year for Norwest shareholders, and Ilook forward to a busy and productive year for the Norwest team."

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