OPERATIONS

Tindalo flow beats expectations

NIDO Petroleum and Kairiki Energy are enjoying the fruits of their work after the Tindalo-1 well in the offshore Palawan Basin, Philippines, flowed at a rate of 18,689 barrels per day of oil during drill stem testing.

The flow from about 44m of Nido limestone reservoir surpassed pre-test expectations without any artificial lift and was limited by the hardware. "This is a momentous day for Nido. Tindalo transforms...

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