Oil Drilling in Bohol has started

Started by pioneer, April 24, 2008, 10:20:19 AM

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pioneer

Kit Bagaipo
The Bohol Chronicle    

In the next three months, Australian oil and gas exploration firm Otto Energy Ltd. will be announcing its schedule for the drilling of oil wells in the country, including the Cabilao, Loon and Argao, Cebu prospects.

The Australian oil exploration company owns NorAsian Energy Ltd. which conducted the controversial 2D and 3D seismic surveys off Bohol sea.

Otto Energy is set to drill three wells in three service contracts awarded by the government which will be funded partly by the company's $100-million proceeds from another oil field.

Alex Parks, chief executive officer of Otto Energy, said in an email, that the company would drill one well at the Bohol-Cebu Strait off Cabilao Island in the first half of 2009.
          

Two other exploration wells will be drilled at Service Contract (SC) 50 covering the Calauit oil field and SC 55 which covers the Marantao prospect in western Palawan.

"We plan to drill one well in each of SC 50, 51 (Bohol-Cebu) and 55 before the middle of 2009. We are actively talking to rig companies and hope to announce drilling dates by July this year," Parks said.
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ms da binsi


B:)

nindot unta ug naa para mobarato ang gasolina didto

ms da binsi

Beth maayo pod unta ug maato ang gasolina, basi angkonon na sad sa laing nasud!

B:)


Beth maayo pod unta ug maato ang gasolina, basi angkonon na sad sa laing nasud!

oi sus, kinahanglan gyud unta ang atong mga opisyal mangusog nga duna unta pod silay igahin para sa ato, ok raman kung mag export kay makadato man pod na nato like what happen in the middle east.

Guy Matabao

Sana mayroon pa sila iba makita na oil deposit diyan Bohol na aabot ng Thrillion Barrels, kasi iyong nabasahan ko parang million barrels lang.

Brownman

What is very sad that foriegn companies once again operates the oil drilling operation in bohol and not the local, however, maajo sad ni para
wa kaajoy kurakot.
Consider pleasures as they depart, Not as they come.

B:)

Mr.Brownman, kinahanglan man gyud intawn dunay motabang ug taga laing lugar kay dili tawn ka afford kung local lang :(

Brownman


Mr.Brownman, kinahanglan man gyud intawn dunay motabang ug taga laing lugar kay dili tawn ka afford kung local lang :(

practically correct Ms " B " kaso lang sa kadaghang nangurakot sa pinas
sobra sobra pa unta to i finance like oil drilling diri sa atong lugar.
Consider pleasures as they depart, Not as they come.

B:)



Mr.Brownman, kinahanglan man gyud intawn dunay motabang ug taga laing lugar kay dili tawn ka afford kung local lang :(

practically correct Ms " B " kaso lang sa kadaghang nangurakot sa pinas
sobra sobra pa unta to i finance like oil drilling diri sa atong lugar.


mao lagi pod oi, makalagot! kotub nalang ta sa "unta" ani :(

LanggamTamsi2


Mr.Brownman, kinahanglan man gyud intawn dunay motabang ug taga laing lugar kay dili tawn ka afford kung local lang :(

Bitaw tinood jud na.