r.o.d. strategy, page-2

arttse,

I've been looking over the ROD presentation and philosophy a bit and can see that in the current oil price environment, the strategy would deliver some good savings, particularly with rig costs.

I do have a few questions though in regard to ROD application, viz:-

1st - are Nido only interested in ROD on their own fields initially, or are they willing to take the application to any oil company wanting ROD of a known field?

2nd - FPU - what are Nido's intentions in this regard? - ie to hire a unit for each specific application, long term lease or acquire? How many units are available worldwide?

3rd - How long are they proposing from request to production (for say a single production well), given the ordering and delivery of long lead items such as casing and completions equipment?

4th - RIG. Does Nido intend to use ROD as a vehicle to acquire a rig more easily for their own use in between ROD's (assuming ROD done for another company already retaining a rig)?

I've got plenty more, but this'll do for starters- LOL!