Australia's Sacgasco jumps on field survey work in offshore Philippines

Australian Oil

28/11/2022 03:41

** Shares of Sacgasco Ltd  SGC.AX  rise as much as 7.7% to
A$0.014, their biggest intraday pct gain since Nov. 4 
    ** Australian energy firm says its unit Nido Petroleum
Philippines Pty Ltd has commenced field survey work
    ** Unit to conduct geophysical site surveys in two prospects
in North West Palawan Basin, offshore Philippines, in
preparation for drilling for oil 
    ** Stock has fallen 50.0% this year, as of last close
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))