NEN 0.00% 22.0¢ neon capital ltd

nsa nearfield 12,000 acres

  1. 2,408 Posts.
    lightbulb Created with Sketch. 177
    Todays announcement is just a wee slice of the expanded NSA area leases. Have a look at the California project map on Neons website to see what todays acreage is part of.

    All in all a very good model for adding to NSA, especially given the geology seems the same. In theory what works at NSA should work here.

    Ricky your comment is how I see it. Perhaps another 3-5MB of shallow , cheap to recover oil.

    Pancho Rico, of which we don't have details but 100% ownership would seem to be of similar size though the northern boundary appears to go off the page.
 
watchlist Created with Sketch. Add NEN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.