Forum Energy plc is engaged in the exploration for, development of, and production from oil and gas assets with a focus on the Philippines. The Company�s segments include Producing assets, Exploration assets and Head Office costs. The Company�s asset is a 70% interest in Service Contract 72 (SC72) an 8,800-square kilometer offshore petroleum license situated west of Palawan Island in the West Philippine Sea. The block contains the Sampaguita Gas Discovery. Galoc field is producing around 5,000 barrels of oil per day. It has 66.7% interest in SC 40 (Cebu), a service contract which contains the onshore Libertad Gas Field and Maya discovery and several other prospects, including onshore Jibitnil Island and offshore Central Tanon. It has a 100% interest in Forum Energy Philippines Corporation.