Australian company Nido Petroleum has discovered a 119-metre oil column at its Tindalo-1 wildcat on Permit SC54 in the Philippines.
The find has been confirmed by wireline logs and is located in the Northwest Palawan basin. Nido said that as good oil shows were found during drilling, it was possible that an additional 15 metres of oil would be found below the logged zone. Earlier this year, the Perth-based company found a 78 to 93-metre gross oil column which was drilled by Awilco’s jackup rig, ‘WilBoss’.
Read More
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment