NDO 0.30% 82.8¢ nido education limited

Should spud G#5 around early May, by the looks of it, so might...

  1. Ya
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    Should spud G#5 around early May, by the looks of it, so might get a mention in Q1-'13 report. Might b a good time to enter then given that its the Galoc reservoir they r tapping into again. Refer Nido's 2007-'08 ASX releases.

    The semi-sub 'Ocean Patriot' is at a yard in Singapore undergoing inspections etc & is booked out by Otto for 2 wells + a 3rd optional well.

    The JV got it at a very cheap dayrate, considering what Shell will b paying for it after this gig....rEfer Diamond Offshore's fleet status report.
 
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