It seems all is going to programme at Paloma. The new approach is taking time with ceramic bead injection to occur on or before 2/11 before flow testing commences. I imagine we will need to wait another 7-10 days after that for a flow announcement.
It sounds like they are close to having a rig for Block 105. Block 120 type rig is not in the country so they are negotiating as part of a Vietnam consortium to bring in a rig for 120 and the consortium members wells.
NEN Price at posting:
28.0¢ Sentiment: LT Buy Disclosure: Held