NDO 1.16% 85.0¢ nido education limited

production soon, page-6

  1. 6,354 Posts.
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    It looks to me like the 2 Indo wells will not kick off til late November.

    Premier is due to bring the Ocean General down to Indo from Vietnam around then for 2 wells.

    Only reservation I have on this scenario is that the General would be a bit of overkill on our 2 drills in 80mt WD or less, so it could end up being another rig.

    However, according to Lundin, our 2 wells are only part of a larger rig share program, and we don't know what's in the rest of the program...other drills may require a semi-sub.

    Also, on Galoc Phase II, it's looking increasingly to me now like the clean up flow test on both wells won't be completed til around mid October, so we possibly shouldn't bank on production flow til 2nd or 3rd week in November...imo
 
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