New Standard Energy (NSE) also released an update regarding drilling of their Nicolay #1 to start in July, very strong today breaking above 55c.
From asx release:
"New Standard Energy Ltd (New Standard) is pleased to advise that the MB Century Rig #14 (MBC 14) has been successfully mobilised from Darwin to the company’s Nicolay #1 drill site in the Canning Basin and rig-up is now progressing in preparation for spud.
Nicolay #1 is the first well in the inaugural three well drilling program for the Goldwyer Project. The initial exploration phase has been designed to acquire a comprehensive data set via extensive coring, logging and scientific analysis of the Goldwyer formation in order to more fully appraise the quality of the potential resource opportunity."
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