looks like a great announcement for nido, page-12

23 June 2009
Galoc Field – Declaration of Commerciality
GPC is pleased to advise the Extended Test undertaken at the Galoc Field has
been concluded. The data obtained during the Extended Test has proved
invaluable in providing sufficient confidence in reservoir performance to justify
commencement of long term production.
Production will be continued from the existing 2 wells, meanwhile assessment of
the potential for additional incremental development is underway. Performance of
the reservoir, production facilities and uncertainty in the oil price over the next 3-
6 months will be key considerations in this assessment.