NDO 0.67% 75.5¢ nido education limited

extra 10% of barra, page-66

  1. 1,671 Posts.
    lightbulb Created with Sketch. 12
    Reference the March 2014 Presentation

    My interpretation as a layman. Geo may read this an laugh.

    Depth to target 2,300m

    Deviated well(approx 45 degrees) to get around and under a fault (red line on the seismic & black on the contour map)to get to what looks like updip in anticline (fault and purple line look to be the seals).

    From other wells drilled I can recall rate of advance being 200m per day. Allow extra days for casing, cementing,whipstock (and equipment being tested for 1st time..LOL).

    20 days may include Drill Stem Testing, so I am of the opinion we will see some news before then. The announcement re spud should include a program (similar to Galoc 11). I would expect this today

    NB Strat emailed me to advise that he will be on hols. until the 24th May. He will no doubt be reading but not posting.

 
watchlist Created with Sketch. Add NDO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.