Forum Energy Gets Extension for its SC72 Work Progam Offshore Philippines
Forum Energy plc, the UK incorporated oil and gas exploration and production company with a focus on the Philippines, confirmed Wednesday that the Philippine Department of Energy has granted the Company's request for an extension to the second sub-phase of Service Contract 72 (SC72), located west of the Palawan Island in the South China Sea.
The deadline for completion of the second sub-phase, comprising the drilling of two appraisal wells, has now been extended by one year to Aug. 15, 2016.
Further details regarding the Company's plans for SC72 will be made in due course, as and when appropriate.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Philex Seeks Foreign Partner to Explore for O&G in Parts of South China Sea (Jul 15)
- Forum Energy to Stop Exploration Work at SC 72 Due to Philippine-China Spat (Mar 03)
- Filipino-UK Firm To Drill For Gas In Disputed Sea (Sep 26)