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Australia-based Otto Energy Ltd. has obtained shareholder approval of the proposed divestment of its shares in the Galoc oil field in offshore Palawan to Nido Petroleum Ltd.

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The Ramos family’s investment firm, Anglo Philippines Holdings Corp., is jacking up anew its stake in oil exploration firm Philodrill Corp. through a P1.6-billion equity purchase.

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                    [Title] => Otto Energy completes 2nd drilling phase for Galoc dev’t
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                    [Title] => Otto Energy confirms new Galoc oil find
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Australian firm Otto Energy Ltd. said drilling at the Galoc-5H well in northwest Palawan has successfully yielded oil, confirming the potential of the well.

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                    [Title] => Otto Energy starts new Galoc oil field drilling
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                    [Title] => Otto Energy starts Galoc drill
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Australian firm Otto Energy has commenced the second phase of drilling at the Galoc oil field in Northwest Palawan, the company said in a disclosure to the Australian Securities Exchange.

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GALOC PRODUCTION CO

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                    [Title] => Otto Energy starts new Galoc oil field drilling
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                    [Title] => Otto Energy starts Galoc drill
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Australian firm Otto Energy has commenced the second phase of drilling at the Galoc oil field in Northwest Palawan, the company said in a disclosure to the Australian Securities Exchange.

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abtest

Otto Energy completes Galoc sale to Nido Petroleum

By Iris Gonzales | February 20, 2015 - 12:00am

Australia’s Otto Energy Ltd. has completed the sale of Galoc Production Co. (IPC) to Nido Petroleum Ltd., the company said in a disclosure to the Australian bourse.

Business

Otto Energy stockholders okay Galoc divestment

By Iris Gonzales | January 21, 2015 - 12:00am

Australia-based Otto Energy Ltd. has obtained shareholder approval of the proposed divestment of its shares in the Galoc oil field in offshore Palawan to Nido Petroleum Ltd.

Business

Ramos group ups stake in Philodrill

By Neil Jerome Morales | May 22, 2014 - 12:00am

The Ramos family’s investment firm, Anglo Philippines Holdings Corp., is jacking up anew its stake in oil exploration firm Philodrill Corp. through a P1.6-billion equity purchase.

Business

Otto Energy starts add’l production from Galoc field

By Iris Gonzales | December 6, 2013 - 12:00am

Otto Energy Ltd., an oil and gas company listed at the Australian Stock Exchange, said it has started production at the Galoc-5H and 6H wells in offshore Palawan.

Business

Otto Energy completes 2nd drilling phase for Galoc dev’t

November 6, 2013 - 12:00am

Australian firm Otto Energy Ltd. has completed all drilling activities of the second development phase at the Galoc oil field in northwest Palawan.

Business

Otto Energy confirms new Galoc oil find

By Iris Gonzales | October 18, 2013 - 12:00am

Australian firm Otto Energy Ltd. said drilling at the Galoc-5H well in northwest Palawan has successfully yielded oil, confirming the potential of the well.

Business

Otto Energy concludes Galoc drilling

By Iris Gonzales | September 19, 2013 - 12:00am

Australian firm Otto Energy Ltd. said it has successfully concluded drilling for two wells at the Galoc oil field in northwest Palawan.

Business

Anglo Holdings to focus on oil exploration

By Neil Jerome C. Morales | August 30, 2013 - 12:00am

The Ramos family’s flagship investment firm Anglo Philippine Holdings Corp. will focus on upstream oil exploration following its divestment in an upscale property firm.

Business

Otto Energy starts new Galoc oil field drilling

By Iris Gonzales | June 13, 2013 - 12:00am

Australian firm Otto Energy Ltd. has successfully started new drillings at the Galoc oil field in Northwest Palawan, the company said in a disclosure to the Australian Securities Exchange.

Business

Otto Energy starts Galoc drill

By Iris Gonzales | June 6, 2013 - 12:00am

Australian firm Otto Energy has commenced the second phase of drilling at the Galoc oil field in Northwest Palawan, the company said in a disclosure to the Australian Securities Exchange.

Business