ASIA

Patience needed for Nido development

NIDO Petroleum announced some good news and some bad news last week, upgrading the potential size of its Galoc project and delivering solid production, but with another half-year loss in the tank managing director Michael Fisher told <i>Energy News</i> the company's debt is an ongoing worry.

Patience needed for Nido development

Dr Fisher said that while Nido had been outwardly quiet for much of the last year, a lot of work is being done in the background, building the right capabilities, with the right projects in the right jurisdictions,...

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