cebu, page-13

Not as knowledgeable as you suggest emma but I do keep my ear to the ground.

I do have some industry knowledge and have read the detailed information on the GGX web site and researched earlier exploration in the Philippines.

It seems to me that if GGX can demonstrate they can produce from one of the older wells using modern remediation techniques they have a good chance of generating some tidy cashflow.

Don't forget however that drilling wells is expensive and the chance and the probability of success is ultimately pretty low.