Neon Energy Limited North San Ardo Drilling Success

Neon Energy Limited is pleased to announce the successful completion of drilling operations on the Lombardi 14-27H well at the Company’s 100% owned North San Ardo oil field in California, with the well currently producing at an estimated average rate of 475 bopd. Based on experience with similar wells at North San Ardo, Neon anticipates that the production rate will continue to rise for a period of time before natural decline commences.
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Source: Finance News Network