neon's prospects light up with vietnam drill, page-2

Neon's prospects light up with Vietnam drill

BHP Billiton had a go and Santos is doing it. Getting involved in the oil and gas industry off the coast of Vietnam, that is. Now it is the turn of Perth-based junior Neon Energy (NEN) to have a fly, in its joint venture with Italy's Eni in Vietnam's Song Hong Basin, with the first of two exploration wells (Cua Lo) due to spud later this month or early next month.

While Santos has notched up some real success through its Chim Sao oil/gas project off southern Vietnam, that was not the case with BHP and its Dai Hung (Big Bear) oil project back in the 1990s.

Have to pay for the rest!!