baragatan-1 well to be re-spudded nido petrole, page-245

Harry, there was a report on the last casing point issued on the 10/06.

BARAGATAN-1A UPDATE Nido Petroleum Limited (ASX: NDO) (“Nido” or the “Company”) on behalf of SC 63 Joint Venture partners PNOC-EC and Dragon Oil (SC 63 Philippines) Limited wishes to advise that the Baragatan- 1A well has reached the 9 5/8” casing point at 2002 meters Measured Depth (1835.71 meters projected TVD sub-sea). Drilling to the 9 5/8” casing point has taken longer to reach than anticipated due to a mechanical problem with the top-drive assembly on the rig which required repairing before drilling operations could continue. Once the 9 5/8” casing has been set, the 8 ½” hole section will be drilled through the Pagasa Formation which contains the primary reservoir objectives to the planned Total Depth of 3,164 meters Measured Depth (2,700 meters TVD sub-sea).