Actually its the data base they have that allows Nen the advantage that it gets over the majors and mid-tier oilers.
Block 105, Nen approached the Vietnamese governement directly for this block and it was purely because of hte data base. I susp[ect the same may be said for Indonesia.
Now look to the management: Stein - Hardman, Ophir, Fusion Lander - Ditto KC - 32years of world wide O&G Newton- Finance and experience with ENI and Amity oil Cliff - Woodside and Bridge oil Smith - Premier oil
Its all of these ingredients that have put Nen where it is today.
NEN Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held