Norwest Energy have released an update on the Xanadu Project. Oil and fluid testing from Xanadu-1 is now complete and it's confirmed similarity with the oil produced at Cliff Head. There are plans to commence a 3D seismic acquisition program over the Xanadu structure. The Joint Venture is also undertaking a reservoir engineering study in Q1 of 2018. It sounds like there will be lots of activity to hear about over the next little while!
Read the full ASX announcement here.