NDO 0.00% 9.8¢ nido petroleum limited

galoc4 to flow bigtime this week

  1. 1,930 Posts.
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    We have Galoc 3 under our belt.

    Galoc 4 will be tested this aeek and will no doubt almost blow off all the gear holding this baby back.

    At an 80% capacity between Galoc 3 and Galoc 4 (combined) we will get 20,000bopd.

    This equates to about US$400K per day for NDO.

    They can spend 70 million this year on big targets and still have plenty left over.

    Will be a very big year for NDO.
 
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