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PSE Circular for Brokers No. 047-99

PSE Circular for Brokers No. 047-99 • Philippine Stock Exchange • Circulars for Brokers • Jan 11, 1999

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January 11, 1999 PSE CIRCULAR FOR BROKERS NO. 047-99 DAILY DRILLING BULLETIN January 11, 1999 DESTACADO-2 WELL (NW Palawan) Over the weekend. Shell Philippines Exploration B.V. (SPEX) set the 13 3/8-inch casing at a depth of 6,710 feet and ran a series of log surveys to evaluate the petrophysical properties of the drilled interval. The operator is presently drilling out the excess cement prior to conducting a leak-off test to determine the integrity of the cement job on the said casing. (SGD.) GRISELDA J. G. BAUSA Director Energy Resource Development Bureau

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