Daily Drilling Bulletin
PSE Circular for Brokers No. 218-98 • Philippine Stock Exchange • Circulars for Brokers • Feb 25, 1998
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February 25, 1998 PSE CIRCULAR FOR BROKERS NO. 218-98 DAILY DRILLING BULLETIN HIPPO-I WELL (Sandakan Basin, Sulu Sea) Arco Philippines Inc. has drilled the 12-inch pilot hole to a depth of 3,450 feet, an advance of 368 feet since yesterday morning. The operator is presently preparing to conduct velocity survey prior to enlarging the borehole to 17-inches. prLL (SGD.) GRISELDA J. G. BAUSA Director Energy Resource Development Bureau
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