The info on the Nido assets can still be found on the ASX website. The presentations are very well done and very informative. There is background on the fiscal terms and of course the upside. Nido released a resource report prepared by Degoyler and McNaughton (the premiere reserves certified) back in 2008 which showed 11.5 bn. Barrels in exploration potential.
Nido wrote the first few chapters of the Palawan story and now SGC is preparing to write the final chapters which I believe are the juicy bits.
Take some time and click through the AGM
presentations for NDO from 2004 to 2010. Worth the effort.
As always dyor and share with us all.
The Captain
Ann: September 2021 Quarterly Activities and Cash Flow Report, page-80
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