NDO 6.02% 88.0¢ nido education limited

re: I can not see how things could be going to plan given that...

  1. 1,012 Posts.
    re: I can not see how things could be going to plan given that the rig has been jacked up on location for 4 weeks tomorrow.

    To all of those who say that they are glad that Nido is being careful and thorough - you don't know what you are talking about - it is possible to be safe and thorough and still get the job done in 10 days.

    The good news is that even if they backed off the 9-5/8" casing drilling out a shallow cement plug or a similar train wreck they can drill a new well from spud to TD in 2 weeks (and it would be a better well if they worked in some deviation to get more reservoir exposure without drilling through the oil-water contact).

    As a fairly substantial holder I'd like to see some honest disclosure of what the problem is and what the forward plan is.

    I wish I could get on a plane and sort this out!

    p1000
 
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