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                    [Title] => Philex Pet reverts to profit column
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Philex Petroleum Corp., an oil exploration firm controlled by the group of businessman Manuel V. Pangilinan, reported a first quarter net income of P25.7 million, a marked improvement from the net loss of P24.5 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE) yesterday, Philex attributed the higher income to increased petroleum revenues of Forum Energy Plc in Service Contract 14C1 at the Galoc field in Northwest Palawan.

                    [DatePublished] => 2014-04-26 00:00:00
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                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
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GRACE COAL MINING AND DEVELOPMENT

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Philex Petroleum Corp., an oil exploration firm controlled by the group of businessman Manuel V. Pangilinan, reported a first quarter net income of P25.7 million, a marked improvement from the net loss of P24.5 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE) yesterday, Philex attributed the higher income to increased petroleum revenues of Forum Energy Plc in Service Contract 14C1 at the Galoc field in Northwest Palawan.

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abtest

Philex Pet reverts to profit column

By Iris Gonzales | April 26, 2014 - 12:00am

Philex Petroleum Corp., an oil exploration firm controlled by the group of businessman Manuel V. Pangilinan, reported a first quarter net income of P25.7 million, a marked improvement from the net loss of P24.5 million...

Business