There have been deeper wells in adjacent fields but as far as I know we are about the deepest on Paloma.
Neon seems a bit of a magician in terms of pulling rabbits out of the hat (well) that we were not expecting but I imagine Round Mountain will be the last zone.
Its fair to say seismic is least reliable at greater depths and harder to interpret. A solution to this is actual well data which allows the seismic to be reinterpreted. I would think they'll be going over the seismic as a result of the McDonald sand.
Good to see that the McDonald sands extend back to PD-1. If this is successful it should be a good sized reservoir.
NEN Price at posting:
40.5¢ Sentiment: LT Buy Disclosure: Held
