So if Gas is the first target, he must be referring to the Malolos well, right? I was of the understanding Jacob-1 was largely an oil play. Unless their targeting gas in the Toledo formation prior to hitting the Cebu limestone "reef" from 320m, which is 34.5 mmbo recoverable.
Can anyone clear that up?
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So if Gas is the first target, he must be referring to the...
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