Thats good news TShirt!
I expect that the notices to drill is nothing more than a procedural step for the permits to be issued. It will be gpood to get the NSA up and going again as it is a good earner. It will be interesting to see what comes out of Lombardi 16-27WD and 5-27H. I may have missed it but is there any info of a contingent resource for this area?
The update to the market was a long time in the making and for my liking should have been out some time ago. I hold the management team in the highest regard but obviously PR was not a unit any of them took up when they were at university. Needless to say as a public relations team they make excellent oilers!
With Paloma, I fully expect to see a market upgrade based on this alone prior to Christmas. As you mentioned the 730 acres of shale is substantial and well above the contingent resource Ken has stated. Also by my reading I think it is well above the 730 acres which will be money in the bank for NEN and the shareholders.
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