In their last few announcements NVG have mentioned Kerogenous organic matter (which they have noted be an indicator of oil). Apart from that there has been no mention of oil. The gas prospects seem quite good, however
I thought the majority of value would be in the oil component (as per LNCs announcement earlier this year and the market reaction).
I'm not an expert in this field and would love to hear any geologist or engineer opinions in relation to the oil/gas prospects NVG may have.
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- ajq good news to follow for nvg
In their last few announcements NVG have mentioned Kerogenous...
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