Sor, the full story will take time. My guess is the sidetrack will be complete in about 10 days. Casings, samples and wire logging could be as long as 7 days. So that looks like 2-3 weeks to get prelim data from the top 3 zones but without flow tests.
The drilling of the deeper zones should take less than 10 days with logs and samples shortly after.
If all is positive at that point they are likely to commence a production test which I am guessing could take a couple of weeks for all 5 zones.
So perhaps 6 weeks before the drilling/testing operations are over.
As for reserves, it will be a few months before an independent assessment of reserves is completed but Neon/Eni/Kris will do their own reservoir modelling and its likely something would be made available in the interim period.
NEN Price at posting:
32.5¢ Sentiment: LT Buy Disclosure: Held
