New Standard Energy (NSE) also released an update regarding drilling of their Nicolay #1 to start in July, very strong today breaking above 55c.
From asx release:
"New Standard Energy Ltd (New Standard) is pleased to advise that the MB Century Rig #14 (MBC 14) has been successfully mobilised from Darwin to the company’s Nicolay #1 drill site in the Canning Basin and rig-up is now progressing in preparation for spud.
Nicolay #1 is the first well in the inaugural three well drilling program for the Goldwyer Project. The initial exploration phase has been designed to acquire a comprehensive data set via extensive coring, logging and scientific analysis of the Goldwyer formation in order to more fully appraise the quality of the potential resource opportunity."
cyrene and the goldwyer, page-2
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