a future for nen ?, page-4

Haven't heard any leaks that Paloma is a dud, in fact I have heard just the opposite. One of the problems is that the consultant NEN want to use on these reservoirs has been flat out working with OXY. Not sure but I think he may now be available. The numbers NEN believe are achievable at Paloma are way above any of the estimates I have seen from brokers reports (ie the conventional Stevens/Fruitvale and the uncoventional Lower Antelope)and potentially could have an NPV of approximately $US55OM (representing NEN's net interest.) The price action has been disappointing to say the least but it is a speculative play and will behave accordingly. I'd buy more if I had any free cash.