re: Ann: Nido Secures Dragon Oil as Farmin Pa... Hi all,
must be typo. Suspect announcement was prepared last year to be ready to announce whenever ink is put on the paper. Hence it mentiones "next year".
But in the following paragraph, it still mentions 4 exploration wells in 2014. Thus no change - I am not concerned on that.
The only thing I am concerned about is the drop in production rates from Galoc 12k/bbl to 10k/bbl (see OEL quarterly). Will we see continued production at 10k/bbl? That means our revenue just dropped by 1/6?
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