NDO 2.22% 88.0¢ nido education limited

galoc production figures from oel quarterly, page-11

  1. 1,192 Posts.
    Hi Opt,

    Nothing wrong with your figures but there is obviously either something wrong with Nido's or OEL's figures. They have both stated that there has been an average production rate of 15,000 bbls per day which would equate to at least 300,000 in the tank but as you pointed out in the OEL report it states that there has been over 185,000 bbls produced to date. The only possible explaination that I can give for the discrepency is that the that OEL's report was prepared just on a week ago and the figures not updated even though it states 'to date'.

    Good to see that the facility has been operating 95% of the time :)

    Cheers
    Pleb
 
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