"Exploration at Filipino Oil Licences"

Vital agreed to adjust their farm in to earn 10% (was 30%) in each exploration permit, paying their share of the Filipino partner carry and contribution of a total of US$200,000 in carry towards seismic (reduced from US$600,000). Plus paying 13.75% of each of the first wells in each permit (was 41.25%)... (oilvoice.com) ...full details here