NDO 0.61% 82.0¢ nido education limited

re: Ann: Nido to Drill Two Exploration Wells ... Len,You hit the...

  1. 202 Posts.
    re: Ann: Nido to Drill Two Exploration Wells ... Len,

    You hit the nail on the head, so to speak. It doesn't take much to read the presentation by OEL today, to see that the only thing they have coming up apart from, Galoc II, is the Duhat well, the rest is all seismic.

    NDO has the GII, two, maybe 3 exploration wells in Indo, the chance of Baragatang early 2014, an extremely large prospect were we hold 50% in what could be a company maker, as well as reserves report and a chance to drill or farm out West Linapacan (a proven discovery which flowed at 18,000 BOPD).

    All this IMO leads to NDO being an extreme attractive and much better prospect than OEL over the next 12 months, being with Nui and the eternal optimist, I hope we are all on to a good thing right now, if I had funds I would be buying some more.
 
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