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tindalo well to be abandoned

  1. Bigglesworth
    3,181 Posts.
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    29/12/10
    09:35
    Post #: 7664304
    NDO announded this morning that the Tindalo well will be abandoned due to the presence of formation water detected since the earlier announcement on the 23/12.

    Not good but at least there will be no further money wasted. This may place some serious pressure on KIK and the other smaller JV partners.

    KIK sp will get smashed imho. Look out

    DYOR
    NDO Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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