It's key to a company like this to have the support of their sh's when approaching this type of event...and it is a major event which they now have the a major company farmed in for obvious reasons...depth of experience; scale of resource pool; financial backing; political influence; etc....there is no way in the world Shell will allow Nido to manage this event!! As posters have said Nido is fronting the major and this is a bonus for both orgamisations....Nido get the cudos/experience for 'operating' a deep water well of this magnitude and Shell have the relatively cheap entry/protected by Nido as 'operator' and now a potential partner to farmin to Nido's other massive assets!!
Looking forward to getting the likes of Ya and the P1000 commentary on their expertise that adds such value to these threads...
Jazza
NDO Price at posting:
13.5¢ Sentiment: LT Buy Disclosure: Held
