NDO 2.92% 88.0¢ nido education limited

west linapacan, page-11

  1. niu
    1,638 Posts.
    lightbulb Created with Sketch. 578
    Looking back at the presentation Nov 8 last year, there was an indicative CAPEX at USD 100m to 140m gross for WLA. The graphic seems to show a single well WL7 which looks to be around 2000m vertical and maybe 3km horizontal.

    I'm comparing that with Galoc II at USD 188m for two wells at approx 2000m vertical and 2km horizontal each with tie back to existing FPSO infrastructure.

    Any thoughts as to how realistic that 100 to 140m estimate is for WLA?
 
watchlist Created with Sketch. Add NDO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.