AOK 0.00% 0.3¢ australian oil company limited.

Ann: Farmin to Cadlao Oil Development, page-6

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  1. 5,416 Posts.
    lightbulb Created with Sketch. 1209
    Doing an EWT at Cadlao has become even more clearer now

    Now only does it provide valuable information on the reservoir, an EWT also allows the recovery of investments costs (sunk costs) to be done quickly due to the fiscal terms that the Philippines has in place

    A smart play - generate immediate cashflow, learn about the reservoir and minimise costs
 
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