Redirecting Exploration Strategies in Offshore Central Philippines

  title={Redirecting Exploration Strategies in Offshore Central Philippines},
  author={Freddie G. Rillera and Philip M. Rimando and Dennis V. Panganiban},
Abstract The offshore area covered by the Visayan Sea, northern Tanon Strait and Asid Gulf between the Islands of Cebu, Negros and Masbate in central Philippines offers a number of new exploration opportunities. Forming part of the Tertiary Visayan Basin, the area constitutes the offshore sector of two exploration blocks (GSEC 69 and one under application) operated by a consortium led by Cophil Exploration Corporation. Past exploration efforts failed to amply test the petroleum potential of… CONTINUE READING

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