March 19, 2010

Aussie firm to launch $10-million oil venture in Mindanao

Published on June 4, 2007 | no comment

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By Rose Palacio

The Australian oil and gas exploration firm Tap Oil Ltd. will spend about $10 million (P480 million) for the development of Service Contract (SC) 41 in Sandakan Basin in Mindanao.

Paul Underwood, the companys managing director, said they are actively pursuing new opportunities in Southeast Asia.
(more…)



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