1 billion barrels of oil - 80 billions gindara

1,000,000, 000 Multiply by 80 = 80, 000, 000, 000 ( 80 Billion) before cost.

What is the share of NDO? 33% ....... $$$$$$$$$$.



The Gindara Prospect has mean unrisked oil in place volumes of 1 billion barrels within three play types - the Nido limestone, Miocene clastics and deeper Mesozoic plays. Gindara is drill-ready and is the highest ranked prospect in the Nido Prospect and Lead inventory. The well is planned to be drilled as part of the exploration drilling program commencing in 2011. The block contains three existing exploration wells, all of which encountered hydrocarbon shows but were sub-optimally located due to the relatively poor quality vintage 2D seismic data on which these wells were drilled. The work completed by Nido based on modern PSDM 3D seismic has demonstrated that significant upside potential exists within the northern sector of the block.