Gas2Grid Commences Technical Program at Malolos Oil Field in Philippines
In comparison the projects extracting oil (or gas) from onshore shale and offshore oil and gas developments (particularly deep-water discoveries) have high development and operating costs that could be too high for the current oil sale price and are therefore becoming uneconomic. In the near term, we may see a trend of energy investment funds being redirected to onshore oil and gas developments which will benefit our search for funds for the Service Contract 44 onshore project.
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