Nido Petroleum: Nido extends SC54A suspension till 2020 on force majeure grounds

Nido Petroleum, recently delisted from the ASX, following the acquisition by BCP Energy Pte. Ltd, has obtained an approval to extend the suspension on activities in its SC54A offshore block in the Philippines. The Block A of Service Contract 54, located in the shallow waters offshore Palawan, contains the undeveloped Yakal and Tindalo Oil Fields. Nido as [...]