AUSTRALIAN FIRM Nido Petroleum Ltd. is abandoning the Tindalo oil well off Palawan, saying the prospect is “uneconomic” due to increasing water-cuts and declining oil production rate.[Read more]
Source: Business.Inquirer.net
AUSTRALIAN FIRM Nido Petroleum Ltd. is abandoning the Tindalo oil well off Palawan, saying the prospect is “uneconomic” due to increasing water-cuts and declining oil production rate.
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