re: nido's announcement-to demonic hi demonic..thanks i've...

re: nido's announcement-to demonic hi demonic..

thanks i've already read that information..

now you tell me..

David recently said one well structure from commencement..was previoulsy two wells..

now who do you believe..????

plus are you telling me that Team Oil can extract 12,500 bopd from each well..??? (technically challenging ).

as i said, announcement from Nido was one of the poorest i've seen in a long time

regards

Subject re: nido's announcement-to sandybeaches
Posted 10/05/05 10:15:50 AM - 5 reads
Posted by demonic
IP 210.84.xxx.xxx
Post #591292 - in reply to msg. 591246 - splitview

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."