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GPC to pay off debt with Galoc revenue

GALOC Production Company has been forced to use all revenues from its Galoc oil field in the Phil...

Marija Stojkovic
GPC to pay off debt with Galoc revenue

Partner Otto Energy - which has a 31.38% stake in GPC and an 18.3% indirect interest in the Galoc field - said all cash dividend payments to the company will be delayed until GPC's debt has been repaid....

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