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PSE Circular for Brokers No. 970-98

PSE Circular for Brokers No. 970-98 • Philippine Stock Exchange • Circulars for Brokers • May 7, 1998

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May 7, 1998 PSE CIRCULAR FOR BROKERS NO. 970-98 DAILY DRILLING BULLETIN 7 May 1998 (Thursday) DIMIPAC-1 Well (Northwest Palawan Basin) SOCDET Production Pty. Ltd. has drilled the 12 1/4-inch hole to a depth of 4,700 feet, an advance of 290 feet since yesterday. The operator is currently pulling out of hole and will conduct wireline surveys to determine the petrophysical characteristics of the drilled formation. cdlex (SGD.) GRISELDA J.G. BAUSA Director Energy Resource Development Bureau

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