Three-fold resource surge sharpens focus on Tetragon’s gas play offshore Philippines

Asia-focussed oil and gas explorer Tetragon Energy has upgraded the potential of its gas portfolio off the coast of the Philippines, more than tripling the mid-case prospective resource estimate for a key exploration prospect to 8 trillion cubic feet (tcf), a boost that could strengthen the value of the acreage ahead of potential farm-out talks.

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