NGY nuenergy gas limited
Add to My Watchlist 9.68% ! 3.4¢

massive east african shale play

  1. Fibonarchery
    12,525 Posts.
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    03/10/13
    21:14
    Post #: 12405137
    With immediate focus on increasing gas production from Sumatran assets:

    Paraphrased from Proactive Investors.

    "NuEnergy Gas (ASX: NGY) shares are on the rise after it spudded the highly anticipated second pilot well with partner Pertamina at their Pilot Production Site in South Sumatra.

    This will add to confidence provided by the first well, located about 500 metres away, that has been producing gas for over 120 days.

    Dharma Pratama Sejati has agreed to offtake 1-5 million cubic feet of gas.

    This represents revenue of $11,000-$55,000 per day, or $4 million-$20 million per annum"

    NGY is capitalised at $9.8 million.
    NGY Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
3.4¢ 		Change
0.003(9.68%) 		Mkt cap ! $60.54M
Open High Low Value Volume
3.4¢ 3.4¢ 3.4¢ $238 7K

Buyers (Bids)

No. Vol. Price($)
1 200000 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 290680 2
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Last trade - 12.42pm 17/09/2025 (20 minute delay) ?
NGY (ASX) Chart
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