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styl

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styl

Re: kentcrek post# 4961

Tuesday, 11/08/2011 4:29:51 PM

Tuesday, November 08, 2011 4:29:51 PM

Post# of 12369
SC40 PROSPECTS AND LEADS
In addition to Libertad and Maya, SC 40 (Cebu) also includes a number of prospects and leads. The Central Tañon prospect is located within the Tañon sub-basin of the Visayan Basin offshore west Cebu. PGS have calculated that the prospect has a total field deterministic value for recoverable reserves of 265 mmbbl of oil, calculated assuming a recovery factor of 20% and based on an outline of the Group's reserve estimates
http://www.forumenergyplc.com/operations/oilandgas/sc40-prospects-and-leads.aspx

at least this sucker is on land and a lot less can go wrong with it....including a cheaper method for extraction...above is a link of the map showing its clearly on land
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