Nido have stated that they will not do any flow testing.
With a 81/2 inch bore what other definite can they give beyond oil shows.
can they do a DST and can log it, but non of that can determine commerciality of the well.
Take tindalo as an example.
They can determine if oil is there or not.
They will require a production well for that determination.
So if oil is present NDO will have another wait to determine if commercial and we all saw what nido limestone formation can do to oil production.
So with all this wait we will have another wait to wait by look of it
gindara chances of success, page-29
Add NDO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
77.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $176.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 650 | 78.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 6000 | 1 |
View Market Depth
| Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
| NDO (ASX) Chart |
Day chart unavailable