Neon Energy NEN is up 25% today whilst drilling a high impact oil and gas target off the coast of Vietnam
Neon Energy NEN is up 25% today whilst drilling a high impact oil and gas target off the coast of Vietnam. The junior oiler has partnered with ENI on the drilling of an offshore block surrounded by oil and gas producers. In a release to the ASX today Neon advises they have encountered a substantial kick whilst drilling and has had to make adjustments to the well. The sign of hydrocarbons has sent the stock racing, check out the release here (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions.
Safe investing and thanks for reading Livewire.
1 topic
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
The 7 zombie companies lurking on the ASX 300
Livewire Markets
Education
Warren Buffett’s 25 biggest mistakes – and 4 lessons they teach
Leithner & Company Ltd