Monday, August 25, 2014

Onshore oil potential in the Philippines

OXFORD BUSINESS GROUP
ECONOMIC UPDATES

Onshore oil potential in the Philippines

Hopes of a path towards energy independence in the Philippines are gathering pace thanks to encouraging steps forward at the Malolos-1 onshore well in Cebu. Australian oil firm Gas2Grid said in July it is in the process of applying to the Department of Energy (DoE) to increase production for a full appraisal of the field.
Early tests show that the well is capable of producing ... Read more.

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