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Australia-based oil exploration firm said Nido Petroleum Philippines Ltd., is set to drill its Gindara prospect off Palawan in May this year after firming up the services of a Malaysian oil rig company.
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KAIRIKI ENERGY LTD

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abtest

SPEX withdraws from Palawan venture

By Donnabelle L. Gatdula | January 4, 2012 - 12:00am

Shell Philippines Exploration B. V. (SPEX) has pulled out its investment in the Service Contract (SC) 54B exploration area off Palawan, a report said.

Business

Nido starts drilling in Palawan

By Donnabelle L. Gatdula | May 23, 2011 - 12:00am

Australia-based Nido Petroleum Ltd. has started the drilling of its Gindara-1 well in Northwest Palawan.

Business

DOE gives Nido green light on Gindara project

By Donnabelle L. Gatdula | March 29, 2011 - 12:00am

The Department of Energy (DOE) has given Nido Petroleum Ltd. a go signal to proceed with the drilling of its Gindara 1 project in Northwest Palawan in May this year.

Business

Nido Petroleum set to drill Gindara prospect in May

By Donnabelle L. Gatdula | March 22, 2011 - 12:00am

Australia-based oil exploration firm said Nido Petroleum Philippines Ltd., is set to drill its Gindara prospect off Palawan in May this year after firming up the services of a Malaysian oil rig company.

Business

Spex, Nido Petroleum firm up farm-in deal

By Donnabelle L. Gatdula | February 1, 2011 - 12:00am

Shell Philippines Exploration BV (Spex) has firmed up a farm-in agreement with Nido Petroleum Philippines Ltd. in Service Contract 54-B near the Malampaya project in Northwest Palawan.

Business

DOE sees more oil drillings this year

By Donnabelle L. Gatdula | January 12, 2011 - 12:00am

The Department of Energy (DOE) said it expects oil exploration firms to conduct more drilling activities this year.

Business

Nido Petroleum shifts to Yakal oil field after leaving Tindalo

By Donnabelle L. Gatdula | January 7, 2011 - 12:00am

Nido Petroleum Ltd. plans to shift focus on the development of the Yakal oil field after abandoning the Tindalo oil well in northwest Palawan.

Business

Nido set to abandon Tindalo well in Palawan

By Donnabelle L. Gatdula | December 30, 2010 - 12:00am

Australia-based Nido Petroleum Ltd. is set to plug production in its Tindalo well in northwest Palawan, a company report said.

Business

Nido pays government share in Tindalo oil output

By Donnabelle L. Gatdula | November 14, 2010 - 12:00am

Australian oil exploration firm Nido Petroleum Ltd. will start remitting royalties to the Philippine government after successfully drilling oil wells in Northwest Palawan.

Business

Nido sets delivery of Tindalo oil next week

By Donnabelle L. Gatdula | September 8, 2010 - 12:00am

Australian oil exploration firm Nido Petroleum Ltd. said yesterday it is preparing the delivery of the first oil production at its Tindalo-1 next week.

Business