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Barry:"A complete appraisal and development of the Malolos Oil...

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  1. TDA
    10,917 Posts.
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    24/02/14
    11:07
    Post #: 12975662
    Barry:

    "A complete appraisal and development of the Malolos Oil Field would likely include re-entering Nuevo
    Malolos-1, acquisition of additional seismic data and drilling of Ilang-1 and new appraisal wells.

    The Company’s preferred funding for that appraisal and development work is by a farmout of SC 44, thus
    reducing its current 100% interest, subject to reasonable terms"
    GGX Price at posting: 3.4¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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