NDO 0.00% 77.5¢ nido education limited

no news is bad news, page-9

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    I doubt it is as simple as hook it up and away we go. We don't know how much work is required to complete the well.

    Looking at Galoc's history, the rig arrived on site May 11 2008, first oil wasn't until Oct 9th with 20,000bopd announced Oct 20.

    Obviously Galoc is different to Tindalo, it has 2 wells with horizontals, and was affected by 2 typhoons that caused some damage.

    I'm sure Nido has learnt a lot from that, and now being the operator will ensure everything is done properly, however the above does illustrate how the 12 days we have waited is insignificant.
 
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