Nido, as Operator of Service Contract 54A (SC 54A), provided interim results from Tindalo-1ST1. As advised, oil flow from Tindalo-1ST1 commenced Sunday, September 26, and while the well start-up plan is not yet complete, the following interim results can be confirmed:
Commenting on the initial results, Nido's Deputy Managing Director, Ms. Joanne Williams said, "We are undertaking a prudent, staged approach to the acid treatment of the sidetrack which is designed to ensure we achieve optimal well productivity. We have 4 acid soaks planned in total with a further 4 available to us as a contingency option. We will follow each acid soak with well testing and analysis to determine whether any additional acid treatment is required to optimize production. First and foremost though, I am very pleased to see dry oil being produced from the Tindalo field once again."
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