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Australian oil and gas company Frontier Oil Corp. will start drilling an exploration well at the Nassiping-2 prospect in onshore Cagayan Valley at an estimated cost of $5 million, the Department of Energy (DOE) said.
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NASSIPING

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                    [Title] => Frontier Oil to spend $5M for Cagayan Valley drilling
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Australian oil and gas company Frontier Oil Corp. will start drilling an exploration well at the Nassiping-2 prospect in onshore Cagayan Valley at an estimated cost of $5 million, the Department of Energy (DOE) said.
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abtest

Frontier Oil inks drilling contract for Nassiping well

By Iris Gonzales | December 24, 2013 - 12:00am

Frontier Oil Corp., a listed oil and gas company, has signed a drilling contract for the re-entry, deepening and testing of the Nassiping-2 well in Gattaran, Cagayan under petroleum service contract 53.

Business

Trans-Asia extends option on SC 52 stake

By Neil Jerome Morales | July 8, 2012 - 12:00am

Trans-Asia Oil and Energy Development Corp. has extended its option to acquire a minority stake in a oil and gas block in Cagayan Valley.

Business

BioProspect incurs $5-M loss in six mos

By Neil Jerome C. Morales | March 18, 2012 - 12:00am

BioProspect Ltd., whose subsidiary holds an onshore oil exploration contract in Cagayan Valley, incurred around $5 million in net loss in the first six months of its fiscal year.

Business

Group starts oil search proj in Cagayan

By Neil Jerome C. Morales | February 25, 2012 - 12:00am

The Australian-led consortium that holds a service contract (SC) in Cagayan Valley has started exploration works for an oil field at a cost of $5 million.

Business

Preparatory works start for Cagayan Valley oil prospect

By Neil Jerome C. Morales | February 18, 2012 - 12:00am

Preparatory works for a $5-million oil exploration project in Cagayan Valley is already under way, an official of the Department of Energy (DOE) said.

Business

Frontier Oil to spend $5M for Cagayan Valley drilling

By Ted P. Torres | January 15, 2012 - 12:00am

Australian oil and gas company Frontier Oil Corp. will start drilling an exploration well at the Nassiping-2 prospect in onshore Cagayan Valley at an estimated cost of $5 million, the Department of Energy (DOE)...

Business