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By: nc9
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Updated: 24-Apr-09
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Added: 06-Feb-09

ADDRESS TO INVESTORS AND TRADERS Gas and Oil BASIN
We accept any proposal for JOINT VENTURE FOR GAS AND OIL EXPLORATION IN THE PHILIPPINES AREA = 14,000 square kilometer 10 = Wells Drilled Total...
ADDRESS TO INVESTORS AND TRADERS

Gas and Oil BASIN

We accept any proposal for JOINT VENTURE FOR GAS AND OIL EXPLORATION IN THE PHILIPPINES

AREA = 14,000 square kilometer
10 = Wells Drilled
Total resources = 158 million bbl all equivalent
158 million bbl x $80 per barrel = $ 12.6 billion dollar
DISCOVERED = 5 million bbl o.e.
UNDISCOVERED = 152 million bbl o.e.
Gas Constitutes = 45% of the total resources
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