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OIL

Nido revenue up, to workover Tindalo sidetrack

NIDO Petroleum has reported revenue of $20.9 million for the September 2010 quarter and is preparing to workover the Tindalo-1ST1 sidetrack well in the offshore Palawan Basin, Philippines.

Nido revenue up, to workover Tindalo sidetrack

The revenue increase over the $13.8 million it recorded in the previous quarter was due in part to higher oil liftings of 241,969 barrels in the September quarter compared with 235,014bbl in the June quarter....

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