Oriental's small-field strategy

PHILIPPINES-listed Oriental Petroleum and Minerals has suggested it could participate in the development of the troubled Cadlao field and the West Linapacan fields in the Palawan Basin, two fields previously held by Australian oilers.

Oriental's small-field strategy Oriental's small-field strategy Oriental's small-field strategy Oriental's small-field strategy Oriental's small-field strategy

Cadlao oil field 3D seismic map showing original development wells Cadlao 1A and 3 and proposed redevelopment wells Cadlao 4, 5 and 6.

The company's chief operating officer, Robert Coyiuto Jr, told The Star newspaper that he was optimistic about the redevelopment of two oil fields that were closed down in the 1990s.

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