nsa nearfield exploration, page-13

Stapleman I think Paloma has been derisked as much as practically possible, whether thats as far as it needs to be for a commercial result we'll just have to wait and see.

Hopefully the test of either the LS or the FV will be the money zone. Both would be great but I suspect its more likely to be the LS which is scheduled as the second test.

Oxy have been testing a well in the LS zone a little south of our position. Feedback to Neon via the oil grapevine is that its showing commercial potential. Given there are ex Oxy people on the Neon/Solimar payroll that feedback is probably reliable.

Regarding purchasing on market at the CR price, its quick and clean and you get what you want without the possibility of being scaled back, so not a bad strategy.