NEN 0.00% 22.0¢ neon capital ltd

Everyone, please don't use this post to make any financial...

  1. 202 Posts.
    Everyone, please don't use this post to make any financial decisions as I am only a mug investor with a bit of oil and gas experience. In a previous series of posts, I made mention of the size of the amplitude anomaly that he Cua-Lo well tested. I also said it was difficult to calculate the amount of gas that might be trapped since there were variables that we did not know i.e. pressures, porosity, saltwater saturation etc. I was interested enough to throw in some guesses on the variables and was staggered at the numbers that came out. Again, please don't take this as gospel. Using the entire 150m as productive, I came out with 75 tcf. With 10% net of the 150m, it is 7.5 tcf. I do believe that it is a huge discovery and just hope that it is producible. I am excited!
 
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