The only problem with this news is that it is old news. Neo reported back in April 2006 that it had successfully flowed gas from JH 3-13 at around 500,000 cubic feet. Yesterday they announced basically the same thing. Same well - same results. Same position things were in over a year ago. The critical thing will be if they can coax any gas out of the the next set of wells that proved so difficult last time they were being tested - i.e. JH 1-12, 1-13, 2-13. Hope they can with the help of Livingstone. Until they do 3-13 won't be going anywhere just as before. Not enough flow to attract a buyer.
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The only problem with this news is that it is old news. Neo...
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