Fellow share holders, from the recent announcements I am confident that we are looking forward to positive news in the Philippines sIIn as always I know..., and from further research the oil found in Cebu region is the grade close to Malaysian TAPIS Oil witch is great news for us as it's sought after for it lower Sulfur content and easier and cheaper to refine, usually sits above Brent crude prices and with a 24hour delay is currently sitting at $77.85USD
with an under $10USD production cost we are in a good place even if it's 5 more years witch I highly doubt.
Philipines DOE are currently working on plans to counteract the oil price hikes to their economy so I'm presuming only that the finishing touches and being made to have the oil used mostly for their own or partnered refineries.
only my guess but with 14sept all filings for st Greide has to be in too.
would be nice if that means end of st greide saga too end of next month.