Forum Energy PLC of the UK is likely to get the go signal for its request to convert its Geophysical Survey Exploration Contract (GSEC 101) into a service contract.

The conversion will allow Forum Energy to step into the areas covered under the controversial joint marine seismic undertaking (JMSU). Specifically, the UK-based exploration firm could explore the Sampaguita oil and gas discovery in offshore Palawan.

Energy Secretary Angelo Reyes confirmed that a high-level cabinet meeting was held a few weeks ago to discuss the GSEC 101 application of Forum Energy.

"On the matter of GSEC 101, Forum's request for conversion into Service Contract is still being discussed at Cabinet level,” he said adding that the meeting was presided by Executive Secretary Eduardo Ermita.