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Norwest Energy announces drilling update on Red Hill South operations
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Tuesday, 15 Mar 2011
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Norwest Energy NL has provides the following update on drilling operations at the Red Hill South-1 well on March 14th 2011. Since the last report on March 10th 2011, operations have continued as follows:

1. The 311mm (12-1/4") hole section has been drilled to a total depth of 1309m MDRT

2. The 244mm (9-5/8") casing has been successfully run, cemented and pressure tested at a depth of 1304m MDRT

3. All of the directional drilling objectives for the 311mm (12-1/4") hole section have been achieved and the well is now lined up vertically with the reservoir target as planned

4. Pressure testing of the blow out preventers (BOP) is ongoing with equipment problems causing delays in obtaining a successful test

On successful completion of the BOP testing, drilling operations will continue as planned with the 216mm (8-1/2") hole section being drilled vertically into the target reservoir.

Red Hill South-1 well will test the hydrocarbon potential of the late Permian Dongara Sandstone reservoir and which are prolific producers at the Hovea and Jingemia oil fields. The Red Hill South prospect has potential of 34MMbbl oil in place and 9MMbbl recoverable. The target reservoir is at a depth of 1,580 meters (TD is at 1,910 meters).

Mr Peter Munachen CEO of Norwest Energy said that "It has been a frustrating weekend with equipment problems, but we believe these are now behind us and expect that drilling will resume as soon as the BOP is tested."

In accordance with ASX Listing Rules, Norwest will issue regular updates during the drilling operations on each Thursday, or after completing an important operational phase and/or obtaining an important assessment or result.

The participants in Red Hill South are:
Westranch Holdings Pty Ltd: 50%
Bharat PetroResources Ltd: 50%

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