Nice work Retired.
This release makes it looking good for a farmin here!
Points to note!
1/ "Based on the initial assessment of reserves at the prospect area, it was indicated that the volume that can be extracted may be about five times the gas output of the Malampaya field."
Does this indicate that there is a huge possibility for a Large gas Field?
2/ "The previous drilling date in the work program submitted for SC 55 was August 2009; but the consortium batted for deferment of one year due to non-availability of suitable rig then."
Given that the first 600 sq km 3D was done over the Hawkeye prospect in Dec 2009, and should have now been processed, did the consortium use the argument for drilling Hawkeye using the results to hand?
Looks good to me!
IMO DYOR
Nice work Retired. This release makes it looking good for a...
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