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Philex Petroleum Corp. is looking to start a fresh round of talks with China National Offshore Oil Corp. (CNOOC) for the development of the potentially resource-rich Recto Bank in Northwest Palawan.

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 Pangilinan-led Philex Petroleum said state-run China National Offshore Oil Corp. (CNOOC) is financially and technically viable partner in the potentially resource-rich Recto Bank.
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FORUM LTD

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abtest

Philex eyes fresh talks with CNOOC

By Neil Jerome C. Morales | November 19, 2012 - 12:00am

Philex Petroleum Corp. is looking to start a fresh round of talks with China National Offshore Oil Corp. (CNOOC) for the development...

Business

Atok hikes stake in Forum Energy

By Neil Jerome C. Morales | June 2, 2012 - 12:00am

Atok-Big Wedge Co., Inc. has secured additional shares in a London-based firm that holds an exploration license in the potentially resource-rich Recto Bank.

Business

CNOOC a solid partner in Recto Bank - Philex

By Neil Jerome Morales | May 18, 2012 - 12:00am

 Pangilinan-led Philex Petroleum said state-run China National Offshore Oil Corp. (CNOOC) is financially and technically viable partner in the potentially resource-rich Recto Bank.

Business

Philex Petroleum incurs P46-million loss in 1st qtr

By Neil Jerome C. Morales | May 16, 2012 - 12:00am

Philex Petroleum Corp., the oil exploration unit of top gold producer Philex Mining Corp., plunged in the red in the first quarter due to lower petroleum output.

Business

Monte Oro gets SEC approval for capital hike

June 22, 2010 - 12:00am

MANILA, Philippines - Monte Oro Resources & Energy Inc. (MORE) has obtained the approval of the Securities and Exchange Commission to raise its authorized capital stock to P7 billion from P5 billion.

Business