Sacgasco Limited announced that Nido Petroleum Philippines Pty Ltd. ("Nido"), its wholly owned subsidiary as Operator of Service Contract 6B and as technical operator of Service Contract 54 ("SC 54"), has commenced field survey work using the Cassandra VI survey vessel from Hurricane Geo Inspection Survey Sdn Bhd ("HGIS") to conduct geophysical site surveys in preparation for drilling the Cadlao Oil Field in SC 6B and the Nandino Prospect in SC 54 both in the North West Palawan Basin, offshore Philippines. The site survey operations commenced at Cadlao on 26 November 2022 and will be completed to Noble Denton Technical Policy Board requirements in order to assess the seafloor and near seabed conditions in preparation for drilling. This includes a bathymetry survey, seabed survey analysis, sub-bottom profiling and other geophysical data acquisition and interpretation.