Gas exploration and development firm Forum has processed the 2D and 3D seismic data relating to the SC72 Recto Bank block acquired in 2011 and is now interpreting the findings.
The final report currently expected by mid 2012.
The interpretation of the 3D data aims to identify optimal drilling locations over the Sampaguita Gas Field. The interpretation of the 2D data is also ongoing and aims to identify new prospects outside the Sampaguita Gas Field and potentially to elevate known leads to prospect status, the firm said.
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