DRILLING

Nido, Kairiki spud first well in SC54

JOINT Venture partners Nido Petroleum and Kairiki Energy have kicked off their drilling campaign in Service Contract 54, Philippines, with the spudding of the Yakal-1 exploration well this morning.

Marija Stojkovic

Nido said the well was spudded by the WilBoss jack-up rig at 3.30am local time and by 6am reached 169m. Yakal-1 is expected to take about three weeks to drill to a total depth of 1975m and, if justified,...

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