Ratio Petroleum studying two drilling prospects

By Francis Earl Cueto

Feb 10, 2023 12:12 am

Ratio Petroleum on Thursday said that they are studying two possible 'petroleum plays' that may be upgraded into prospects suitable for well drilling to confirm the presence of oil and gas deposits in the area.

In a meeting with Energy Secretary Raphael P.M. Lotilla recently, Ratio Petroleum reported that they have over 20 leads delineated within their contract block, following the completion of the first phase of their work program in October 2020.

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