NGE nge capital limited
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punters,very disappointing news today...don't expect too much...

  1. boccione
    701 Posts.
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    11/11/09
    09:57
    Post #: 5897693
    punters,

    very disappointing news today...don't expect too much drilling action for some timed...

    Drilling Program
    Notwithstanding our pursuit of farm-in partners, planning for a drilling program to test the Panakawa prospect is well underway and subject to the availability of a suitable rig and confirmation of funding, we are still endeavouring to commit to a rig clot by the end of the year. Assuming that commitment, a well should commence late first quarter/early second quarter in
    2010.
    NGE Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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