NXS 7.69% $1.54 next science limited

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  1. 1,154 Posts.
    I emailed Ian T asking the following questions about Longtom.

    Your last Shareholder Update said that analysis of the core would be available in about 3 months (slide 8). Will you be issuing an update soon as to whether, based on the core, the test formation was damaged or not?

    Do you know if the lower test gas flow came from one interval or two?

    His reply was as follows:

    We will issue relevant information as it becomes available. Some initial spot permiability data should be available in 2 to 3 weeks.

    We have a body of ongoing technical work (geological, geophysical and engineering) which will assist in determining the optimal way forward on Longtom - the core analysis will be integrated into those studies - a progress report will be issued to shareholders when that work is complete.

    We believe that two zones contributed to the flow in the first test.

    G
 
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