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                    [Title] => Mining sector sees gold in Shell innovation
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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 Galoc drill
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MINERALS CORP

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abtest

'Cagayan Valley mining firms lack security’

By Victor Martin | December 21, 2015 - 9:00am

Officials of the Mines and Geosciences Bureau (MGB) have expressed alarm over the apparent lack of security personnel in mining...

Nation

Mining sector sees gold in Shell innovation

November 28, 2013 - 12:00am

Discovering a goldmine of opportunity, literally and quite figuratively, could be considered the constant objective of players in the mining industry.

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

DOE nixes SC 6 farm-in proposal

By Iris Gonzales | August 31, 2013 - 12:00am

The Department of Energy (DOE) has thumbed down the proposed farm-in agreement for Service Contract 6 in Northwest Palawan primarily due to its proponents failure to meet the required financial capability, Trans-Asia...

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

Galoc consortium halts Palawan drilling

By Donnabelle L. Gatdula | November 29, 2011 - 12:00am

Galoc Production Co. (GPC) has temporarily stopped drilling activities at the Galoc oil field in Palawan.

Business

Otto Energy acquires controlling stake in Galoc

By Ted P. Torres | August 14, 2011 - 12:00am

Otto Energy Ltd. has become the majority stakeholder of Galoc Production Co. (GPC), the operator of Service Contract 14C in Palawan, after acquiring the 68.62 percent stake of the Vitol Group for $18.7 million.

Business

NV board affirms mining project's endorsement

By Charlie Lagasca | June 19, 2011 - 12:00am

The provincial board has affirmed its endorsement of a British-owned large-scale mining project here, passing another resolution, this time with additional safeguards in the firm’s operations.

Nation

Otto Energy expects to drill 3 more wells in Galoc

By Donnabelle L. Gatdula | May 5, 2011 - 12:00am

Otto Energy Ltd., the lead player in the consortium running the Galoc oil field, said it expects to drill three more wells at the area.

Business