ASIA

Nido talks Galoc evolution

NIDO Petroleum has taken delivery of a new independent assessment of the contingent resources of its 55.88%-owned Galoc field in the offshore Palawan Basin, the Philippines, paving the way for a field expansion.

Nido talks Galoc evolution

Gaffney Cline and Associates says there are 6.2 million barrels of 1C resources in the mid-Galoc area, or 3.4MMbbl net to Nido. Further, 2C and 3C contingent resource estimates are 9.5MMbbl and 14.6MMbbl...

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