Nido Petroleum (ASX:NDO) has drilling news pending from offshore Indonesia at the Gobi-1 well.
The Australian Stock Exchange has granted the company a trading halt, with its shares placed in pre-open.
Lundin Gurita B.V. is the operator of the Gobi -1 exploration well in the Gurita Production Sharing Contract (PSC).
Nido currently has a 10% working interest in the Gurita PSC but has the right to increase its working interest up to 20%.
The halt will remain in place until the opening of trade on Wednesday 29th October 2014, or earlier if an announcement is made to the market.
Nido Petroleum (ASX:NDO) has drilling news pending from offshore...
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63.5¢ |
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Mkt cap ! $144.5M | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 65.3¢ | 63.0¢ | $71.07K | 111.1K |
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| No. | Vol. | Price($) |
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