NDO 2.22% 88.0¢ nido education limited

re: nido's announcement-to sandybeaches The reference to...

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    re: nido's announcement-to sandybeaches The reference to 25000bopd comes from the Team Oil website.
    "Team Oil has negotiated a farm-in to a highly attractive but technically challenging proven oilfield in the Far East region. Team Oil has prepared a development plan and sub surface study to operate the field and is putting together a financing structure to drill a minimum 2 wells with production facilities operating in the region of 25000bopd. First oil is targeted for the third/ fourth quarter of 2005."
 
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