Has been slow moving to date, but at least in the right direction. News should be coming more steadily over the next 6 months. This is really under the radar and very undervalued, especially with revenue potential in 1st half 2013.
Good recent presentation Expect news in late Oct 2012 on multi well pilot program in South Sumatra. To install power generation unit at pilot well. Negotiations for sale of power to commence this qtr.
Tanzania - 3 well cbm program started in Sept 2012.
NGY Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held
