NEO nuenco nl

Gregy - I can't see it getting any lower personally, and we're...

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    Gregy - I can't see it getting any lower personally, and we're within 3 weeks of total drilling depth.
    Results so far are good - has to take off again over next 2 weeks.
    Nuenco NL (“NEO”) is pleased to announce the status of Jack Hamar #1 at 10:00am WST
    (Australia) on 24 September 2004 to be:
    Location: County of Kern, State of California contained within
    Township block 28 South, Range 21 East - 40 miles
    west northwest of Bakersfield and 120 miles north of
    Los Angeles
    Spud: 0900 hours WST (Australia) - 21 September 2004
    Current Depth: 2,395 feet
    Current Operations: Running surface casing. Mud logs have recorded
    substantial gas shows from 2150 feet in what appears
    to be Echegoin sands. The Mud Log was not to be
    turned on until we set surface casing but was turned on
    early when gas started pushing mud to surface.
    Total Depth permitted: 10,500 feet
 
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