Nido Petroleum is a wholly owned subsidiary of Bangchak Corporation, a Multinational Energy Company.

Exploration & Appraisal

Philippines
 
Nido has one of the largest acreage positions in the Philippine oil and gas sector. All of the Company’s exploration assets are located in the offshore NW Palawan Basin, which is considered the Philippines' premier producing basin.
 
Much of the NW Palawan Basin remains underexplored despite the numerous oil and gas discoveries made in the shallow water areas of the basin, including Nido's 2008 oil discoveries in Service Contract (SC) 54A and the single giant Malampaya gas field in SC 38, operated by Shell Philippines Exploration.