NDO 1.16% 87.0¢ nido education limited

tail wagging the dog, page-19

  1. 1,012 Posts.
    Seems to me that their depths were well out, far more than is reasonable with Coron-1 as control.

    They will be re-doing the depth conversion to try and prove that Gindara was full to spill and that the structure adjacent to Coron (I forget the name) may have received charge from the G-1 spill point.

    The new Pawikan structure is a lot further south, hence the hint from KIK that there may be an extension of the Malampaya graben (providing a source for Pawikan).

    Ndo does not need more SC54 (a or b) drilling unless it is to produce from the shallows, they need to save the $$ to fund committment wells in 58 and 63.

    I think that the next Q'ly may be better than some expect... Depends when the rig was released. I thought it was quite unprofessional to cut off the Thursday updates before completing operations on the well - so we are all still guessing as to when the rig was released...

    p1000
 
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