2nd announcement for todayNuenco NL (“NEO”) is pleased to...

2nd announcement for today

Nuenco NL (“NEO”) is pleased to announce that the Jack Hamar 1-1 joint venture has decided to TD Jack Hamar 1-1 at 9,730 feet and run electric logs and sidewall cores. The prospect well has encountered good oil and gas shows in the primary objective located in the hydrocarbon bearing Miocene age Monterey Shale located within the Antelope and McDonald Shale Members of the Monterey Formation. The Monterey Shale is a prolific producer in the adjacent Lost Hills Field.

Current Operations: Have reached total depth currently wiping the hole with the bit in preparation for the running of electric logs and sidewall cores.

This has to be positive Doesn't it???