Offshore staff
PERTH, Australia –Nido Petroleum Ltd. (ASX: NDO) reports, on behalf of the Service Contract 63 joint venture partners, PNOC-EC and Dragon Oil (Philippines SC 63) Ltd., that the UMW Naga 5 jackup rig arrived at the Baragatan-1 well location offshore Palawan, Philippines, on May 12 following a 10-day tow from Singapore as planned.
The forward plan is to move the rig over the Baragatan-1 surface location and complete pre-loading activities ahead of spudding the well later in the week.
05/12/2014
