****what anniversary**** hi guys
what anniversay..
12months ago today...!!!!!!!!!!!!!!...6/7/04
06 Jul 2004 10:20:54 New team to build NIDO Assets
Nido Petroleum Limited
A.B.N. 65 086 630 373
Level 3, 41-43 Ord Street
West Perth WA 6005
PO Box 1100, West Perth WA 6872
Tel: (08) 9321 2844
Fax: (08) 9321 2544
ASX STATEMENT AND MEDIA RELEASE
July 6th, 2004
NEW TEAM TO BUILD NIDO ASSETS
Nido Petroleum Limited (ASX: NDO) announced today the appointment of a new
management team to lead it towards becoming a strong junior oil and gas company.
Over the past two years, Nido has identified the upside in its existing asset base of production
and exploitation assets in the Philippines. The change from an exploration focus to a
production focus has lead to the appointment of the new managing director who, along with
two new board members, has the right skills and experience to allow the company to realise
its potential. Initially the focus will be the producing Nido and Matinloc fields and the
development of the Galoc Field in the Northwest Palawan Basin, offshore Philippines.
.
Mr David Whitby will be appointed Managing Director. He has 23 years experience in the oil
industry including roles as Managing Director of Gulf (Australia) Resources Ltd, operating
the Jabiru and Challis oilfields, Vice President Corporate Development Gulf Indonesia
Resources Ltd and Vice President of Heavy Oil for Husky Oil in Canada with particular
success in developing greenfield gas projects in Indonesia, including most lately Project
Director of the West Java Gas Project for ConocoPhillips.
Messrs Gregor Dixon and James Brown will be appointed non-executive directors.
Mr Dixon, a petroleum geologist, is Resident Director of Unocal South Australia Pty Ltd and
Unocal Western Australia Pty Ltd and former Vice President, Business Expansion Projects of
Unocal South Asean Ltd.
Mr Brown is an energy consultant with over 23 years of experience in the Asia-Pacific
finance and energy industries. He was formerly a First Vice President of Merrill Lynch and
head of Merrill Lynch’s energy research group, based in Sydney and Singapore. His prior
work experience includes appointments with Morgan Stanley, Baring Securities and
ExxonMobil.
Mr Charles Morgan will remain as Chairman.
Mr Whitby said that the combination of new executive strength and great oil and gas assets
would create a strong new independent oil and gas company with a highly experienced
management team founded on a shareholder-first mentality.
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Last
88.0¢ |
Change
0.020(2.33%) |
Mkt cap ! $200.7M |
Open | High | Low | Value | Volume |
88.0¢ | 88.0¢ | 88.0¢ | $11 | 12 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 55739 | 85.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
90.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 55739 | 0.850 |
1 | 4000 | 0.810 |
1 | 62111 | 0.805 |
1 | 40500 | 0.800 |
1 | 663 | 0.755 |
Price($) | Vol. | No. |
---|---|---|
0.900 | 20000 | 1 |
0.970 | 19999 | 2 |
1.050 | 115000 | 2 |
1.090 | 50989 | 2 |
1.100 | 100000 | 1 |
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