Service Contract 63 East Sabina Palawan PH

19/08/2020

NIDO PETROLEUM LIMITED
PETROLEUM PERMIT INTEREST SCHEDULE (Phiilippines) - page 8 off 95

The following table summarises the Company’s equity interests in its permits as at 31 December 2016:

Philippines....................................................Nido............Approx.............................................. .....Interest.........Area
Permit.................. Basin..........,,,,,, (%) ........(sq. km.).......Operator

SC 14A............. NW Palawan.... .22.49... ..........24.......... Philodrill (1)
SC 14B............. NW Palawan..... 28.28............155...........Philodrill (1)
SC 14C-1 (2).... NW Palawan .....55.88(8)........164 .........GPC (3)
SC 14C-2 (4).... NW Palawan..... 22.28 ............178 .........Philodrill(1)
SC 14D............. NW Palawan..... 31.42 ...........173.......... Philodrill (1)
SC 6B ...............NW Palawan....... 7.81 ............537......... Philodrill (1)
SC 54A............. NW Palawan......42.40 ............399......... Nido
SC 54B............. NW Palawan... ..60.00..... .......624.5...... Nido
SC 58............... NW Palawan .....50.00(5)... 13,487......... Nido (6)
SC 63............... NW Palawan .....20.00........ 10,666........ PNOC (7)

(1) The Philodrill Corporation
(2) Galoc Block
(3) Galoc Production Company W.L.L.
(4) West Linapacan Block
(5) Subject to Nido completing its obligation under its Farm-in Agreement with PNOC Exploration Corporation
(6) SC 58 operatorship reverts to PNOC Exploration Corporation upon completion of Nido’s farm-in obligations
(7) PNOC Exploration Corporation
(8) Nido’s working interest increased from 22.88% to 55.88% on 17 February 2015 with the completion of the Galoc Production Company W.L.L. acquisition
Shared Aug 14, 2020

Source: fil:///C:/Users/Omnibus%20Main/Desktop/Nido%20Petroleum%20Ltd.-Dec%2031%202019-42545lkltgdg0x.pdf -
NIDO PETROLEUM LIMITED
ABN 65 086 630 373
ANNUAL FINANCIAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2016

14/08/2020

NIDO PETROLEUM LIMITED
PETROLEUM PERMIT INTEREST SCHEDULE (Phiilippines) - page 8 off 95

The following table summarises the Company’s equity interests in its permits as at 31 December 2016:

Philippines....................................................Nido............Approx.............................................. .....Interest.........Area
Permit.................. Basin..........,,,,,, (%) ........(sq. km.).......Operator

SC 14A............. NW Palawan.... .22.49... ..........24.......... Philodrill (1)
SC 14B............. NW Palawan..... 28.28............155...........Philodrill (1)
SC 14C-1 (2).... NW Palawan .....55.88(8)........164 .........GPC (3)
SC 14C-2 (4).... NW Palawan..... 22.28 ............178 .........Philodrill(1)
SC 14D............. NW Palawan..... 31.42 ...........173.......... Philodrill (1)
SC 6B ...............NW Palawan....... 7.81 ............537......... Philodrill (1)
SC 54A............. NW Palawan......42.40 ............399......... Nido
SC 54B............. NW Palawan... ..60.00..... .......624.5...... Nido
SC 58............... NW Palawan .....50.00(5)... 13,487......... Nido (6)
SC 63............... NW Palawan .....20.00........ 10,666........ PNOC (7)

(1) The Philodrill Corporation
(2) Galoc Block
(3) Galoc Production Company W.L.L.
(4) West Linapacan Block
(5) Subject to Nido completing its obligation under its Farm-in Agreement with PNOC Exploration Corporation
(6) SC 58 operatorship reverts to PNOC Exploration Corporation upon completion of Nido’s farm-in obligations
(7) PNOC Exploration Corporation
(8) Nido’s working interest increased from 22.88% to 55.88% on 17 February 2015 with the completion of the Galoc Production Company W.L.L.
acquisition
Shared Aug 14, 2020

Source: fil:///C:/Users/Omnibus%20Main/Desktop/Nido%20Petroleum%20Ltd.-Dec%2031%202019-42545lkltgdg0x.pdf -
NIDO PETROLEUM LIMITED
ABN 65 086 630 373
ANNUAL FINANCIAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2016

06/08/2020

Nido updates on Baragatan drilling status
BUSINESS & FINANCE........July 2, 2014

Nido Petroleum Limited on behalf of SC 63 Joint Venture partners PNOC-EC and Dragon Oil (SC 63 Philippines) Limited said today that the Baragatan- 1A well as at 2 July 2014 was currently at 2,457 meters Measured Depth (2,152.9 meters TVD subsea).

Nido updates on Baragatan drilling status
Since the last update on 23 June 2014, continuing formation pressure and unstable well bore conditions in the 8 1/2″ hole section required the setting of the 7″ liner at 2,356 meters Measured Depth (2,109 meters TVD sub-sea).

Following the successful setting of the 7” liner, stable hole conditions were established although drilling performance has been reduced in the 6” hole section. Current operation was changing the drill-bit before drilling ahead in 6” hole towards the primary reservoir objective.

View post tag: Baragatan...View post tag: drilling
View post tag: Nido
Shared Aug 6, 2020

Source:

Nido Petroleum Limited on behalf of SC 63 Joint Venture partners PNOC-EC and Dragon Oil (SC 63 Philippines) Limited said today that the Baragatan- 1A well as at 2 July 2014 was currently at 2,457 meters Measured Depth (2,152.9 meters TVD subsea). Since the last update on 23 June 2014, continuing for...

06/08/2020

‘PNOC-EC to prioritize petroleum exploration’
By: Lenie Lectura......July 13, 2020

Philippine National Oil Co.–Exploration Corp. (PNOC-EC) would prioritize projects that are expected to yield profits, its newly appointed president said.

These projects include petroleum exploration and coal power, according to PNOC-EC President Rozzano D. Briguez.

PNOC-EC holds four coal-operating contracts (COC): COC 41 (Malangas), COC 122 (Isabela), COC 185 (Buug-Malangas) and COC 186 (Imelda-Malangas). It also trades coal through its coal terminal located in Malangas, Zamboanga Sibugay.

The company, which is chaired by Energy Secretary Alfonso G. Cusi, is also engaged in the following petroleum service contracts (SC): SC 37 (Cagayan), SC 57 (Calamian), SC 58 (West Calamian), SC 59 (West Balabac), SC 63 (East Sabina), SC 74 (Northwest Palawan) and SC 75 (Northwest Palawan).

Also, Briguez said this will boost exploration and development of hydrocarbon resources in the vast West Philippine Sea.

Still in the coal business, PNOC-EC is looking at production from two underground mines by 2025. Briguez said PNOC-EC’s underground coal mine operations will remain as the largest of its kind in the country.

Also, a coal mine-mouth power plant in Isabela Province will be in operation generating at least 50megawatts.

“PNOC-EC is looking forward to successful exploration in new petroleum and coal areas. New investments will be expected to come in with new areas to explore and develop,” he said. “PNOC-EC will be the leading energy exploration and production company in the Philippines by 2030.”
Shared Aug 6, 2020

Source: https://businessmirror.com.ph/2020/07/13/pnoc-ec-to-prioritize-petroleum-exploration/

06/08/2020

Sabina Shoal is an atoll of Spratly Islands.
NASA - Landsat 7 Path 118 Row 53
Public Domain
File:Sabina Shoal, Spratly Islands.png
Created: 24 January 2001

Summary[edit]
Description
English: Sabina Shoal is an atoll of Spratly Islands.
Date 24 January 2001
Source Landsat 7 Path 118 Row 53
Author NASA
Applications-graphics.svg This is a retouched picture, which means that it has been digitally altered from its original version. Modifications: Cropped.

Licensing[edit]
Public domain This file is in the public domain in the United States because it was solely created by NASA. NASA copyright policy states that "NASA material is not protected by copyright unless noted". (See Template:PD-USGov, NASA copyright policy page or JPL Image Use Policy.) NASA logo.svg

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This page was last edited on 27 November 2016, at 10:29.
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Shared Aug 6, 2020

Source; https://commons.wikimedia.org/wiki/File:Sabina_Shoal,_Spratly_Islands.png