"StockAnalysis calculates that the unlikely event of discovery...

"StockAnalysis calculates that the unlikely event of discovery of 68 million barrelsof oil at Xanadu, would be worth over $1.70 per share to Triangle Energy, about17 cps to Transerv and 7.3 cents per share to Norwest" - Peter Strachan Stock Analysis 13/06/17.

I haven't kept pace with NWE funding but even if they've doubled their shares on issue I imagine a positive 3D result will allow a cap raise to fund their share of any drill. If I was the 3D contractor I'd be asking for payment up front though...