re: News: Otto Energy December 2013 Quarterly... Hmmm, October or April.
"The DOE is giving interested investors until March and April this year to submit applications for another round of petroleum and coal exploration contracts under the so-called Philippine Energy Contracting Round 5 (PECR 5), Energy Secretary Carlos Jericho Petilla said.....
.....An existing service contract off Palawan could be part of the next round if proponents fail to pursue the project, Petilla said.
The energy chief was referring to Service Contract 55. BHP Billiton Petroleum is its operator but has already pulled out from the drilling of the Cinco-1 well."
http://www.philstar.com/business/2014/01/12/1277762/doe-launches-new-energy-contracting-round
News: Otto Energy December 2013 Quarterly Highlig, page-11
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