As I stated earlier I sent an e-mail to NDO asking if they were going to drill ONE hole in SC54 and was it going to cost 70M. This is the answer I got back. I am sending another to re-ask "are they drilling one hole
Hi Paul,
I have not seen the article you refer to, but a single exploration well in SC54 will likely cost in the gross US$25-30million range, dependant on rig rates.
I hope this answers your question - please let me know if you have any other queries.
Kind regards,
Joanne Williams
Deputy Managing Director
Nido Petroleum Ltd
Level 3, 1 Preston St
Como WA 6951
news, page-11
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