NDO 2.27% 90.0¢ nido education limited

I'm slightly concerned that the Pagasa shale may have come in...

  1. 1,012 Posts.
    I'm slightly concerned that the Pagasa shale may have come in 70m deep (I suspect this from the depth given in the AGM slide (prognosed depth pre-drill presumably) versus the preliminary pick announced yesterday).

    Nearest control is Coron-1 at 5 an a bit km(?) so the depth error should not really be more than 30m as an upper limit.

    It is out of my area but errors in formation tops only get greater with depth - could have implications for the size or even for closure at all (especially on the shallower target - anyone know what the claimed height of the structure to closure was??).

    Does not mean there is a problem - just that perhaps the seismic is not as good as I had assumed / we had been told(if the difference really is 70m).

    Wait and see I guess...

    p1000
 
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