Gas2Grid Eyes New Exploration Term in Cebu

Gas2Grid Limited (AU:GGX) has released an update.

Gas2Grid Limited is progressing with its application for a new Petroleum Service Contract to pursue oil and gas exploration in Cebu, Philippines, targeting the same region as its previous SC44 operations. The Philippine Department of Energy has authorized the publication of the application, which is a step forward in the process defined by the Philippine Conventional Energy Contracting Program. If successful, the company will secure a fresh 7-year term to continue its appraisal and exploration activities.

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