OIP of `11 billion?????? Between galoc and two exploration wells only 30 - 50 OIP at best for NDO share. Deep water wells are 30m and inshore are 15m to drill. The amount of targets they have 10+ deep 18+ inshore. Thats about 600m they need to find for exploration. Then 1/5 wells are only successful. Development costs. Farm - in reduce ndo's share of oip....
11 billion OIP. Please stick to facts. You look like a goose, and give people an excuse to sell because of your lies. Until something is found it is only a target.
oilprice, page-4
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