dgrove, No doubt in the absence of news the market will invent...

dgrove, No doubt in the absence of news the market will invent some, and as we can see, no news has a habit of bringing all sorts of weirdos out of the closet, evidenced by some of the bleating about the interminably long wait. News junkies, wanting a fix

Here's the news from the operator, why would NDO say anything more

http://www.galoc.com/updates.html

Logically though, seeing PNOC are the operator, why would Nido be in Singapore on business related to Galoc operations. More likely it is JV related, or maybe teeing up equipment for the forthcoming drilling program. Whatever, I don't care, this one is heading into business in a big way.

I mean, anything that will add 70% to the total Philippines production is not to be sneezed at

http://www.eia.doe.gov/emeu/cabs/Philippines/Oil.html