ACQUIRES SIX OIL DISCOVERIES IN PHILIPPINES E&D PORTFOLIO
• 1,470,000 Hectares in highly prospective, underexplored Palawan Basin, Philippines
• Huge database of 2D & 3D seismic defining world-class exploration prospects
• Six oil discoveries with Exploration and Development (E&D) potential
• Highly experienced local Filipino team Sacgasco Limited
(ASX: SGC (“Sacgasco” or “the Company”) is pleased to announce the purchase of BCP Energy International PTE. LTD. (“BCPE”) from Bangchak Corporation. This includes BCPE’s fully owned subsidiary NIDO Petroleum Pty Ltd (“NIDO”), its local team and interests in 4 Philippine Service Contracts (“PSC”).
Ann: SGC Acquires 6 Oil Discoveries in Philippines E&D Portfolio, page-2
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