Read this in The Manila Times digital edition.
ABOUT $72 million worth of investments is expected to fuel Nido Petroleum Philippines Pty. Ltd.'s oil explorations in Cadlao oil field in Palawan, according to the Department of Energy (DoE).
The DoE allowed Nido Petroleum to proceed with an on-site survey for drilling locations under Service Contract 6B in the Palawan basin by the fourth quarter of 2022. This development will also allow Nido Petroleum to drill two wells in the Palawan basin, one exploration and one appraisal, by the first half of 2023.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.