NEN 0.00% 22.0¢ neon capital ltd

gas is there but will it flow

  1. 54 Posts.
    There is evidence from recent reports suggesting that commercial quantities of gas are present on 105, not too many on NEN threads are disputing this; but will it flow at commercial rates???

    This is an extract from the '105 investor update' on 20/5/13 and may offer a good clue to the answer to this question.


    Prospective reservoir zones at Cua Lo may be of
    superior quality to those at Dongfang, as they are believed to have been deposited in a more
    proximal location relative to the sediment source and are therefore likely to be coarser grained.
 
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