SGC 11.1% 0.5¢ sacgasco limited

BILLION BARREL BONANZA, page-24

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    “Service Contract 58 or the West Calamian block in Palawan, could contain "over 5 billion barrels of unrisked oil in place."

    "The majority of core data indicates widespread micro-seepage of liquid hydrocarbons across SC 58 based on preliminary gas chromatography results," the company said.

    Nido head of exploration Jon Pattillo said "the widespread distribution of liquid hydrocarbon micro-seepage implies the presence of an extensive and active oil and gas-prone source system across the most prospective sector of deepwater SC 58."

    Looks like not too deep & EXTENSIVE
 
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