Not sure why NDO hasn't put out quarterly when OEL put there's out on the 21 Jan,
The Galoc oil field has now produced a total of 3.6 mmbbls of crude oil and delivered 10 offtakes to customers. The field continues to produce in line with expectations and Otto is working with the Operator to continue to improve facility performance and plan for the appraisal of the remainder of the field.
Galoc Production for the quarter Production of 747,767 bbls of crude oil (gross) achieved by the Galoc Oil Field. Two offtakes delivered to customers. Payments of US$10.355m received by Otto from Galoc Production Company (GPC) after deduction of operating/lifting costs Seismic reprocessing completed. Development planning for potential Phase 2 infill wells be undertaken by Operator
NDO Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
