Norwest signs UK North Sea farm-in

Norwest Energy NL has signed a farm-in with Ithaca Energy Inc. on block 11/29 in the UK North Sea.

Offshore Staff

PERTH, Western Australia --Norwest Energy NL has signed a farm-in with Ithaca Energy Inc. on block 11/29 in the UK North Sea.

Norwest will contribute to the cost of an exploration well at the Manuel prospect in return for a working interest. The prospect is 12 km (7.5 mi) west of Beatrice oil field in the Iner Moray Firth basin.

02/20/2008

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