The revised work program and related workover proposal for SC70 submitted by PPIC on 3rd August 2010 was officially approved by the Philippine’s Department of Energy on 8th September 2010.
 

According to the letter of approval from the DOE, they agreed on PPIC’s submitted proposal of implementing the Victoria-3 Well’s workover project in the first sub-phase, after the evaluation of SC70’s preliminary assessment being carried out with significant results, and the reviews of the block with several prospective and favorable targeted areas.       

In addition, the DOE expressed their appreciation for PPIC’s compliance with the work commitment, and also wishes PPIG all the success in the above mentioned project exploration.

Updated：2010-09-08