From the new Canaccord broker report regarding the resource size update for Block 105 following completion of analysis of the recent 3D seismic:
"In May 2011 Netherland Sewell & Associates Inc. completed a Prospective Resource Assessment* of Block 105, confirming gross unrisked prospective recoverable resources for Cua Lo of 3.9 TCF gas (best estimate) to 13.9 TCF gas
(high estimate).
Neon will update the market regarding the prospectively of Block 105 when its seismic interpretation and analysis is complete, expected shortly."
Given we have had a 105 report perhaps they want to release any resource size update at the AGM on Friday?
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- canaccord: 105 update due shortly
canaccord: 105 update due shortly
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