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HighlightsPaloma Deep-2• Confirmed lateral extent of potential...

  1. JohnGastev
    190 Posts.
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    17/07/12
    09:23
    Post #: 10442569
    Highlights
    Paloma Deep-2
    • Confirmed lateral extent of potential pay zones encountered in Paloma Deep-1
    • Penetrated a new deep sandstone reservoir with excellent oil and gas shows
    • Analysis of wireline logs and core data in progress
    • Well being completed for production testing
    Paloma Deep-3
    • Initial production testing flowed gas from a shallow zone at a maximum rate of 968Mcf/d
    • Further testing will determine volume and deliverability
    Paloma Deep-1
    • Oil flowing at a stabilised rate in current test of Lower Antelope Shale
    • Testing of shallower zones to commence shortly
    NEN Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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