Saturday, April 28, 2018 8:29:11 AM
According to this article below Malampaya is 80% of the countries gross domestic product. Article goes o. To describe great new tech getting more recoverable gas out of fields then ever expected. This extending Malampaya field by about 6 or 7 years longer. So how much bigger and important is sc72? At 5tcf it's an effing game changer and shell still wants to invest in ph.
https://www.shell.com/inside-energy/keeping-the-lights-on-in-the-philippines.html
Shell global earnings are up 136% last quarter. They'll need to reinvest that money as shellphillipines is lagging but with huge opportunities in the near future. Why not make a bid to buy privately owned forum energy in its entirety? If they verify 5tcf or more. Why not offer 5 bil for a well that will produce 300 bil- 120 bil profit for them lifetime.
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