Sacgasco Limited provided its shareholders and the market an update on the planning for the two (2) well drilling program to be commenced in 2022. A drilling and Extended Well Test planning Workshop was held in Singapore this week. Attendees to the workshop included experts from Production Solutions Asia, Saba Drilling Services, Grander Energy and drilling engineering consultants.

The workshop was co-ordinated by NIDO's Asset Manager for Philippines, Marshall Hood. Production Solutions Asia (PSA) is an Asian based oilfield service company, specialising in surface well testing, early production systems, well flow back /clean-up service, well remediation and brownfield development, sand separation and filtration systems, gas compression service and surface fluid pumping services. PSA are the key participant in the `Philippines Production Alliance' announced by Sacgasco on 4 May 2022.

Grander Energy provide Project Management and Marine Consultancy. They are specialists in Marginal Field Development, installation, decommissioning, mobilisation/demobilisation, consultancy, design, and development support to MOPUs and FSOs and FEED (Front End Engineering Design) for Marginal Fields. Saba Drilling Services provide drilling vessels and drilling and logistics management supported by a very experienced international team.

The key participants in the workshop have been directly involved in many of the Early Production Facilities including MOPU's, FPSOs and rig-based Production facilities over the past 30+ years in the Asia Pacific region including offshore Philippines.