Solimar Energy Completes Drilling at Paloma Discovery

Solimar Energy Limited (TSXV:SXS) reported that Neon Energy (ASX:NEN) has drilled and tested the second deep appraisal well at Paloma Discovery.

As quoted in the press release:

The progress report highlights that hydrocarbons have been discovered in all three wells drilled so far by the Paloma joint venture (Solimar 15% in the current wells and 15% to 25% interests in the gross 2,847 acre project area, refer to attached map below) and that extended production testing operations are either already underway or soon to begin for multiple, indicated hydrocarbon pay zones in each well.

Click here to read the Solimar Energy Limited (TSXV:SXS) press release.