nido petroleum keeping mum on raisama takeover, page-22

Austin,

This is a very good point, but it would not be Yakal...too far Sth West from Cadlao.

Guess which discoveries/targets/prospects in SC54A are closest to Cadlao in SC6...that's right, Signal Head and Laawan/Libas, they are just to the Sth!

In another post, I've already mentioned NDO's interest (7.81%) in the Bonita block SC6B...this is to the Nth of Cadlao, and Raisama are looking at tying that into (eventually), the Cadlao development.

The above can be confirmed by looking at pg29 in the NDO 2010 AGM preso, and blowing it up to around 150%.
For those that know where Signal Head, Laawan and Libas lie in SC54A, it's a no brainer...if you don't, you'll have to do some research.

I'm glad you brought that up Austin, as (secret?) talks with Raisama, and an additional exploration well by NDO in 2012 now make a lot of sense...imo it is very plausible.