Tapped out a long response and lost it... abbreviated version.Co...

Tapped out a long response and lost it... abbreviated version.

Co says 18th may spud.
Most likely 15 to 23 days to get to top of the first reservoir target.
First info flow likely in week 6-10 june (if shows are announced)
Log info maybe in week 13-17 june, def by following week.

COS = 43% because source, structure and seal are almost 100% chance to be present. Risk is reservoir quality - so nearly all of the typical "risk elements" do not apply in this case.

Drilling this well should be simple but the simple things have not always gone right for Nido. I'm not predicting disaster but I wouldn't imagine it will be the most efficient operation in history either.

Basically it should be Ok - not brilliant but Ok.

p1000