With a 20mcf/d pipe being laid to carry 6 mcf/d from this zone but with another 5 zones to go, the j/v partners probably expect to use the cacapacity of the 20mcf/f pipe. And if so will bring substatial income. The only downside for SP is the warning it could take time due to availabilty of rigs. But both OPL/NEO still stand to be substantially rerated after further testing of reserves. And it reads that testing is continuing as well as drilling the moneteray deeps to progress. So plenty of good news to come over coming months.
NEO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
