Sunday, January 31, 2010

Possible Tawi-Tawi oil field to propel economy

By NONOY E. LACSON
January 26, 2010, 3:40pm

BONGAO, Tawi-Tawi – The possible oil find in Mapun, Tawi-Tawi will bail out from poverty the people of the province and eventually give the provincial government here the needed socio-economic and infrastructure development in the coming months.

This was the statement issued by Tawi-Tawi Gov. Sadikul Sahali after visiting the Exxon Mobile oilrig site off Mapun municipal group of islands in Tawi-Tawi on Monday.

Exxon Mobil chief executive officer Ian Fischer and other top executives invited Sahali to an inspection tour at the oilrig site off Mapun town Monday.

The Exxon Mobil oilrig site is located southeast of Mapun – northeast of Taganak and southwest of Turtle Island, employs about 165 highly technical and trained personnel composed of Filipinos, Indonesians, Malaysians and even American.

The oil exploration company, Fisher said, had just closed the first oilrig drilling site and recently opened a new site in the area for another possible oil deposits.

“I am convinced they found oil deposits in their first oilrig site in Mapun but not of commercial quantity, though they have not told me that they found such during their oilrig activities in the area,” the governor said.

“What I am hoping now is for the company to find the oil deposits in the area in order for the province to also benefit from their finds in term of employment, infrastructure development and most importantly for needed socio and economic development for the province,” Sahali disclosed.

He also described the Exxon Mobil oilrig activities in Mapun as using the most “sophisticated state-of-the-art facilities and guided by Global Positioning System or GPS.”

GPS is a navigational system involving satellites and computers that can determine the latitude and longitude of a receiver on Earth by computing the time difference for signals from different satellites to reach the receiver.

http://www.mb.com.ph/articles/240361/possible-tawitawi-oil-field-propel-economy