NDO 1.16% 85.0¢ nido education limited

more "good" info regarding gindara prospect

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    see part 2 for further update.

    at least you'll have some knowledge about Gindara when they start drilling.

    as they say "This bodes well for Gindara"

    PART 1
    Regarding the 320m closure height in the Nido Limestone reservoir at Gindara Prospect, this is measured from the top (apex) to the base ( or spill-point) of the structure as mapped on our 3D Seismic data. If the structure( or closure ) is filled with oil, then we would have a gross 320m vertical oil column in the Nido Limestone reservoir.

    PART 2

    The Nido reservoir at Gindara is part of the same geological formation as that being produced at Tindalo, also Shells giant Malampaya field only ~40km to the NE of Gindara.

    The information from Tindalo/Malampaya and other fields which also produce from the Nido reservoir indicates it generally has good reservoir characteristics. This bodes well for Gindara.

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