BHP recently 24/11/09 announced farm-in with PNOC-EC in Service Contract 59.
BHP will earn 75% and will become operator.
see below link.
http://www.pnoc-ec.com.ph/docs/JointPressReleaseSC59112409.pdf
SC59 is adjacent to SC55 which BHP have an option, and we know SC55 has a couple of good prospects ie:Hawkeye etc etc
see map below which highlights the areas.
bhp short odds for farm-in otto's sc55
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