The SELH gas production is part old news; but new in that production was supposed to start in last Qtr., and new in respect of new wells next year.
Also, as I previously posted on SS
the SAE, Salinas, 08 AR indicates:
"In addition the Company is advanced in an asset swap based transaction that is expected to deliver another two high quality, light oil prospects, for drilling in 2009. Each of these prospects is mapped as the extension of existing oil and gas fi elds.'"
can anyone throw any light on this?
would be interesting to know who the deal is with.
Do you know whether NEO has leases which fit this description and might be sought by SAE? There has been talk of such in the past.
NEO Price at posting:
1.6¢ Sentiment: None Disclosure: Held
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