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Last A$0.57 AUD
Change Today +0.07 / 13.86%
Volume 45.0
As of 8:08 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

nido petroleum ltd (NDO) Snapshot

Previous Close
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52 Week High
09/4/14 - A$2.80
52 Week Low
06/30/15 - A$0.49
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Current Stock Chart for NIDO PETROLEUM LTD (NDO)

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nido petroleum ltd (NDO) Details

Nido Petroleum Limited explores for, develops, produces, and sells oil and gas in the Philippines. It operates through Production and Development Assets, and Exploration and Evaluation Assets Segments. The company holds a 22.279% working interest in SC 14 BLOCK C2 West Linapacan block; 42.4% working interest in Block A of SC 54 and 60% working interest in Block B of SC 54; 50% working interest in the SC 58 block; 20% working interest in SC 63; and 7.81% working interest in Block B of SC 6 located in North West Palawan basin, Philippines. Nido Petroleum Limited is headquartered in Perth, Australia.

nido petroleum ltd (NDO) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: A$410.1K
Head of Exploration
Total Annual Compensation: A$439.5K
General Counsel and Company Secretary
Total Annual Compensation: A$283.9K
Commercial Manager
Total Annual Compensation: A$97.8K
Compensation as of Fiscal Year 2014.

nido petroleum ltd (NDO) Key Developments

Nido Petroleum Limited Appoints Dr. Michael Fischer as Managing Director

Nido Petroleum Limited announced the appointment of Dr. Michael Fischer as Managing Director. Dr. Fischer will take up his new role on or about September 1, 2015. Dr. Fischer has more than thirty years of international experience in the oil and gas industry. In his most recent role, Dr. Fischer was the Director of Ophir Energy's African Business Unit. Dr. Fischer started his career as an Exploration Geologist with BP in Aberdeen and progressed into senior technical roles working on BP's PNG and Chinese portfolios. He then joined Woodside Energy Limited in Perth, where he served in a number of roles including Chief Geoscientist, responsible for technical assurance, and a variety of exploration leadership roles, including the Northwest Shelf.

Nido Petroleum Limited Appoints KPMG as New Auditor

Nido Petroleum Limited announced at the Annual General Meeting held on 22 May 2015, the company approved the appointment of KPMG as new auditor.

Nido Petroleum Ltd. Announces Managing Director Transition Update

Nido Petroleum Ltd. confirmed its previous advice that Phil Byrne ceased employment with the company on 30 April 2015. Until a new Managing Director is appointed, Nido’s Chairman Mr. William Bloking has agreed to assume the role of Executive Chairman. During this period, Mr. Bloking will be engaged pursuant to a consultancy services agreement and will receive the same fixed annual remuneration on a pro-rated basis as that which Mr. Byrne received prior to his resignation (Mr Byrne’s fixed annual remuneration was $560,000 inclusive of superannuation). Mr. Bloking has agreed to waive his Director’s fees whilst he is performing the role of Executive Chairman.


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Price/Sales 0.2x
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