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OIL

Cadlao a big boost for Raisama

RAISAMA'S planned redevelopment of the Cadlao offshore oil field in the Philippines could add substantial value to the company.

Cadlao a big boost for Raisama

Patersons Securities said in a research note that while the redevelopment was subject to normal industry risks, the field was well understood, having produced 11.1 million barrels of oil over 11 years...

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