Hey, where did that post go about the .05 mmcfd?? I'm sure it was here just a while ago.
Well, it's .5 mmcfd, half a million, which at usual efficiency of a gas fired power station would give about 2 Mw, approx enough for 200 homes. Not a huge amount, but the company says (and why would we ever doubt them?) that with clean up and fraccing the wells could produce 4 or 5 times as much, enough for say 1000 homes - starting to get economical I'd say.
I wonder where this rumour about a gas generator came from?
I note the Crosby Group are steadily acquiring OPL shares, past 25% now.
Consolidation does often cause a drop in equivalent share price, altho I don't see why. But not in NEO's recent case. On small volume, admittedly, the price has risen a little.
Happy and prosperous New year all!
NEO Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held