Nido Petroleum Ltd.

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Description

Nido Petroleum Ltd., Perth, Australia, is seeking a strategic partner to explore for oil and gas in the Philippines. Nido reports its deepwater prospects and leads inventory in the NW Palawan Basin has oil-in-place potential of 11.6 billion barrels. Nido intends to retain a minority working interest in the basin. Contact Jocot de Dios, +61-8-9474- 0000, exploration@nido.com.au.