After looking at Neo's website, I feel good about staying with a company, which has disappointed in the share price only, as all other matters have been positive and on (reasonable) time (Given that delays are a natural by-product in this industry).
As a person who is professionally involved with ducting from time to time, the pipe line looks certainly 5 inch.
As Opl's CEO stated that early in the 4th quarter the sale of gas will take place, I wouldn't be suprised to see this date moved forward, if they are able to finalise things faster.
Some on this forum have suggested, that OPL might have a go at NEO.
While NEO is now a very attractive t/o target, I do not think that OPL will have the will or the money at this time to bid for NEO, as, according to their own potential reserve estimates for the shallow zones and the deeper oil in JH1, the value to pay for NEO would be beyond their current budget.
Interesting times ahead, me thinks....
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nuenco nl
there is light at the end of the tunnel.
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