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Daily Drilling Bulletin

PSE Circular for Brokers No. 417-98 • Philippine Stock Exchange • Circulars for Brokers • Mar 19, 1998

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March 19, 1998 PSE CIRCULAR FOR BROKERS NO. 417-98 DAILY DRILLING BULLETIN HIPPO-I WELL (Sandakan Basin, Sulu Sea) Arco Philippines, Inc., drilled the well to a depth of 9,035 feet, an advance of 410 feet since yesterday. The operator is presently pulling out of hole to change the drill bit and the borehole assembly prior to drilling ahead. (SGD.) GRESILDA J.G. BAUSA Director Energy Resource Development Bureau

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