they surely will blastoff, they get someone to drill for them and to realise the value embedded in the pacakge.
Keep in mind they're also handing over operatorship aswell as part of the tender package.
At present, on current seismic et al, NDO is looking at 400-700 mmbls oil NET.
Id suggest out of the whole package at present, even including further seismic results, Nido's net bbl's oil would be around the 1 billion which still needs to be firmed up and is still a massive cry from 11.6 billion.
The multi TCF of gas is another story pending finding any prospects and leads to back up their claims though given its on the same trend as malampaya I believe they will firm something up.
they surely will blastoff, they get someone to drill for them...
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