Boise,
It's not as simple as that.
The Nido 1x1 discovery lies in a position where it straddles SC14A (the Nido field), and SC54A.
Philodrill is the operator of SC14A, and the rest of the consortium are Oriental Petroleum and Minerals Corp, Nido Petroleum (22.486%), Forum Energy, Alcorn Gold, Petro Energy, and Phoenix Energy...at least that's what it was in 2006.
Read this page from the Philodrill website to get a better idea of the picture, and then interpret for yourself what processes might have to occur if Nido 1x1 went ahead.
Philodrill website page on SC14
something in the pipeline ...?, page-6
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