As I said before
"... I hope all the major stakeholders (PH Govt, JV partners) are exerting as much pressure as possible behind the scenes ..."
See following report at http://www.bworldonline.com/BW100208/content.php?id=041
"Galoc’s first oil stream was originally expected in the first quarter of this year, and the proponents had targeted end-September before the latest hitch.
Energy officials will meet with the operators of the Galoc oilfield on Friday for development updates"
In my experience, when there's a public announcement like this, it indicates that Energy Officials aren't happy either and they're not afraid to embarrass the operator.
Subject to weather constraints, expect to see some real progress and timely honest, communication.
Looking forward to the big announcement
DYOR
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