LIBERTAD GAS FIELD
The Libertad Gas Field is situated in northern Cebu, north of Cebu City. The field was discovered in the late 1950's but was not developed. In 1993, a testing programme was carried out on two wells and during 1994 and 1995 five additional wells were drilled on Libertad. One of these wells tested gas and subsequently completed as a gas producer.
In 2004, Forum Energy carried out a feasibility study to determine the most commercially viable option for the development of the field. The results of this work recommended a development plan using three gas-to-electricity generators, with a maximum of 3.0 MW.
In 2009 an agreement was signed with a local company to generate power on-site. Power production is expected to commence in 2010.