Nido updates Tindalo-1 drilling
While drilling through the Nido formation reservoir section of the Tindalo-1 exploration in the NW Palawan basin, oil shows were observed, (demonstrated by elevated mud log wet gas readings and strong oil fluorescence in cuttings recovered to surface) down to a significant lost circulation zone encountered between 1,782 and 1,784.5 mRT (5,846 and 5,855 ft), according to Nido Petroleum.