Interesting reading on the Philippines DOE site. Their road map out to 2040 has Malosos a part of their big plan, although it does fall into the 2023 bucket, but I'm sure the team are trying to rope that in sooner. Not to mention that GGX are also looking at new opportunities and wells to drill. Either way looks like the Philippines are very supportive to grow the oil industry ...... Stay tuned I guess.
Ann: June 2018 Qtr Activities and Cash Flows Reports, page-2
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