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Daily Drilling Bulletin

PSE Circular for Brokers No. 202-98 • Philippine Stock Exchange • Circulars for Brokers • Feb 24, 1998

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February 24, 1998 PSE CIRCULAR FOR BROKERS NO. 202-98 DAILY DRILLING BULLETIN HIPPO 1 WELL (Sandakan Basin, Sulu Sea) Arco Philippines Inc. is currently preparing to drill out the excess cement in the 20-inch casing prior to conducting a leak-off test to determine the quality of the cementing job. The well remains at a depth of 3.082 feet. cdlex (SGD.) GRISELDA J.G. BAUSA Director Energy Resource Development Bureau

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