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ITS ONLY A MATTER OF TIME; new surveying shows we have reduced...

  1. 3,215 Posts.
    ITS ONLY A MATTER OF TIME;

    new surveying shows we have
    reduced the size of the field to 10km
    and there's 500 meters of oil there.

    most important quote;
    FUNDING: ''The preferred funding for the complete appraisal and development of the Malolos Oil Field is by a farmout of SC 44, thus reducing the Company’s current 100% interest. The Company is engaged in discussions with entities interested in this opportunity''

    imo
    a bran new well in the middle field no;1 (of 7/8/9?)
    and bingo.
    very strong buy.

    GLTA
 
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