back to positive trading, page-63

A quick run around the WLA JV partners websites only turned up this from the Philodrill quarterly report (out Aug14)
6.0 Service Contract 14 C-2 (West Linapacan)
For the second quarter of 2013, block operator RMA Energy Resources (RMA), through its
consultant Gaffney Cline & Associates, worked on the reserves re-certification for the West
Linapacan A field which covers static and dynamic reservoir modeling including probabilistic
assessment of in-place volumes and reserves. Parallel to the reserves re-certification activities,
RMA also continued with well planning and concept screening for early production and full-field
development and costing.

Their website is still running the same extract from their annual report.

The same quarterly noted that they are talking with PNOC-EC about a swap in to the Nido 1x1 project
Status of that project is reported as...
Philodrill completed the tender process for the Nido 1X-1 Appraisal/Development Project –
Detailed Engineering Review and Nido 1X-2 Well Design. The Malaysia-based AWT International
was selected over four (4) other companies that submitted tender bids. As of end-June 2013,
Philodrill and AWT were finalizing the services contract for the 2-month technical study that will
commence in July 2013.

I also took a look at Cosco Capital (Alcorn Gold)- no gems this time... The previous quarter was illuminating (P13)
http://www.pse.com.ph/resource/corpt/2013/APM_17Q_Mar2013.pdf