NEN 0.00% 22.0¢ neon capital ltd

Its running nice and hard, something you would expect as...

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    Its running nice and hard, something you would expect as milestones are hit towards spud.

    I am not taking a shot at anyone on the forum but everyone likes to reference the Hardman situation. This is because it is the dream scenario. I too remember HDR for various personal reasons. The reality of how this is going to play out is in direct consequence of the first hole. It will set the precedent in terms of SP bevaviour (which is quite different to business progress). You could agrue that if the first down-hole is a success the 'peak' SP will occur after it is shut-in. This is because it will confirm the presence of hyrocarbons and hole two will just be an extension of this i.e SP will ikely aniticpate further success.

    FAR springs to mind when I think about the negative scenario (re; Ophir & SHELL farm-outs).

    In saying this, I have a feeling that Eni doesnt believe that the Vietnam blocks are true 'wildcat' plays.
 
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