oil discovery by japex, page-2

Any comment from Japex.....you would expect to be restrained, in view of the environmental issues with off shore drilling.

But there you go.....(Japex by market cap is about as big as Santos) - the president of Japex was actually onsite in Cebu, following the big drill, that reports say cost US$400,000 per day. (It took 3 months).

Read between the lines, just a little.....there is enough in those two articles to suggest future commercial production....hard to quantify the worth of this news to GGX.