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Contingent Resources estimates for the Galoc oil field from Mid-Galoc area


Published Jul 15, 2015
Nido Petroleum Limited-3

Nido Petroleum Limited is pleased to provide the results of an independent contingent resources assessment of the mid-Galoc area of the Galoc oil field as at 30 June 2015, undertaken by Gaffney Cline and Associates (‘GCA’).

Details of Mid-Galoc Contingent Resources Assessment GCA has completed its Independent Reserves and Resources assessment on the mid- Galoc area of the Galoc oil field in accordance with the SPE/WPC/AAPG/SPEE Petroleum Resource System (SPE PRMS) Definitions and Guidelines and the ASX Listing Rules including Listing Rules 5.25 to 5.44 where applicable.

The tables and information below summarise the Reserves and Resources for the mid-Galoc area of field as at 30 June 2015 in accordance with these Requirements.

Tags: Nido Petroleum Limited




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