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                    [ArticleID] => 881955
                    [Title] => Trans-Asia raises P400M via private placement
                    [Summary] => 
Trans-Asia Oil and Energy Development Corp. has raised P400 million through a share sale to private investors.

                    [DatePublished] => 2012-12-07 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 875125
                    [Title] => Trans-Asia mulls listing of spinoff petroleum unit
                    [Summary] => 
Trans-Asia Oil and Energy Development Corp., fresh from raising P1.627 billion through a stock rights offering, is looking at securing more funds for its petroleum projects through a public listing.

                    [DatePublished] => 2012-11-28 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 867954
                    [Title] => Philodrill earnings slump on Galoc shutdown
                    [Summary] => 
Listed upstream oil firm Philodrill Corp. saw a 77 percent decline in profit in the nine months to September with the shutdown of its oil field early this year.

                    [DatePublished] => 2012-11-18 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 850812
                    [Title] => Trans-Asia to form West Palawan unit
                    [Summary] => 
Trans-Asia Oil and Energy Development Corp. will form a unit to consolidate its shares in an offshore oil project in Western Palawan.
                    [DatePublished] => 2012-09-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [4] => Array
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                    [ArticleID] => 839656
                    [Title] => Philodrill H1 income declines to P72.77M
                    [Summary] => 
Profits of listed upstream oil firm Philodrill Corp. slumped in the first half as its oil field was non-operational for the entire first quarter.
                    [DatePublished] => 2012-08-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 807323
                    [Title] => Trans-Asia earnings decline 26% in Q1
                    [Summary] => 
Trans-Asia Oil and Energy Development Corp. said its first quarter earnings declined by a quarter as higher expenses offset an increase in revenues.
                    [DatePublished] => 2012-05-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
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                    [ArticleID] => 778236
                    [Title] => Trans-Asia profit surges to P408M
                    [Summary] => 
Trans-Asia Oil and Energy Development Corp. said its profit surged to P408 million last year on the back of higher trading revenues from its power business.
                    [DatePublished] => 2012-02-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 322097
                    [Title] => UK-based firm to acquire Basic Petroleum for $17M
                    [Summary] => In line with its plan to further fortify its oil exploration and development assets in the Philippines, Forum Energy Plc. (FEP), an oil and gas company registered in the United Kingdom, will acquire Basic Petroleum and Mining Inc. (BPMI) for $17 million.


FEP and BPMI signed Wednesday an agreement covering the acquisition by the former of the 100 percent shareholdings of Basic Consolidated Inc. (BCI) in BPMI, representing 50 million shares.


                    [DatePublished] => 2006-02-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
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                    [ArticleID] => 214086
                    [Title] => DOE mulls 100% cost recovery for dev’t of extended well by SPEX
                    [Summary] => The Department of Energy (DOE) is studying the possibility of allowing a 100-percent cost recovery for the extended well development of Shell Petroleum Exploration B.V. (Spex). 


"We are looking at this proposal by Spex.  Maybe we can make some adjustments to make the recovery much faster," Energy undersecretary Eduardo Manalac said. 


Manalac said this possible leeway will encourage prospective oil drilling firms to participate and invest in the country’s upstream petroleum development activities. 


                    [DatePublished] => 2003-07-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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NORTH MATINLOC

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            [0] => Array
                (
                    [ArticleID] => 881955
                    [Title] => Trans-Asia raises P400M via private placement
                    [Summary] => 
Trans-Asia Oil and Energy Development Corp. has raised P400 million through a share sale to private investors.

                    [DatePublished] => 2012-12-07 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 875125
                    [Title] => Trans-Asia mulls listing of spinoff petroleum unit
                    [Summary] => 
Trans-Asia Oil and Energy Development Corp., fresh from raising P1.627 billion through a stock rights offering, is looking at securing more funds for its petroleum projects through a public listing.

                    [DatePublished] => 2012-11-28 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 867954
                    [Title] => Philodrill earnings slump on Galoc shutdown
                    [Summary] => 
Listed upstream oil firm Philodrill Corp. saw a 77 percent decline in profit in the nine months to September with the shutdown of its oil field early this year.

                    [DatePublished] => 2012-11-18 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 850812
                    [Title] => Trans-Asia to form West Palawan unit
                    [Summary] => 
Trans-Asia Oil and Energy Development Corp. will form a unit to consolidate its shares in an offshore oil project in Western Palawan.
                    [DatePublished] => 2012-09-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 839656
                    [Title] => Philodrill H1 income declines to P72.77M
                    [Summary] => 
Profits of listed upstream oil firm Philodrill Corp. slumped in the first half as its oil field was non-operational for the entire first quarter.
                    [DatePublished] => 2012-08-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 807323
                    [Title] => Trans-Asia earnings decline 26% in Q1
                    [Summary] => 
Trans-Asia Oil and Energy Development Corp. said its first quarter earnings declined by a quarter as higher expenses offset an increase in revenues.
                    [DatePublished] => 2012-05-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 778236
                    [Title] => Trans-Asia profit surges to P408M
                    [Summary] => 
Trans-Asia Oil and Energy Development Corp. said its profit surged to P408 million last year on the back of higher trading revenues from its power business.
                    [DatePublished] => 2012-02-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 322097
                    [Title] => UK-based firm to acquire Basic Petroleum for $17M
                    [Summary] => In line with its plan to further fortify its oil exploration and development assets in the Philippines, Forum Energy Plc. (FEP), an oil and gas company registered in the United Kingdom, will acquire Basic Petroleum and Mining Inc. (BPMI) for $17 million.


FEP and BPMI signed Wednesday an agreement covering the acquisition by the former of the 100 percent shareholdings of Basic Consolidated Inc. (BCI) in BPMI, representing 50 million shares.


                    [DatePublished] => 2006-02-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 214086
                    [Title] => DOE mulls 100% cost recovery for dev’t of extended well by SPEX
                    [Summary] => The Department of Energy (DOE) is studying the possibility of allowing a 100-percent cost recovery for the extended well development of Shell Petroleum Exploration B.V. (Spex). 


"We are looking at this proposal by Spex.  Maybe we can make some adjustments to make the recovery much faster," Energy undersecretary Eduardo Manalac said. 


Manalac said this possible leeway will encourage prospective oil drilling firms to participate and invest in the country’s upstream petroleum development activities. 


                    [DatePublished] => 2003-07-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Trans-Asia raises P400M via private placement

By Neil Jerome C. Morales | December 7, 2012 - 12:00am

Trans-Asia Oil and Energy Development Corp. has raised P400 million through a share sale to private investors.

Business

Trans-Asia mulls listing of spinoff petroleum unit

By Neil Jerome C. Morales | November 28, 2012 - 12:00am

Trans-Asia Oil and Energy Development Corp., fresh from raising P1.627 billion through a stock rights offering, is looking at securing more funds for its petroleum projects through a public listing.

Business

Philodrill earnings slump on Galoc shutdown

November 18, 2012 - 12:00am

Listed upstream oil firm Philodrill Corp. saw a 77 percent decline in profit in the nine months to September with the shutdown of its oil field early this year.

Business

Trans-Asia to form West Palawan unit

By Neil Jerome C. Morales | September 20, 2012 - 12:00am

Trans-Asia Oil and Energy Development Corp. will form a unit to consolidate its shares in an offshore oil project in Western Palawan.

Business

Philodrill H1 income declines to P72.77M

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

Profits of listed upstream oil firm Philodrill Corp. slumped in the first half as its oil field was non-operational for the entire first quarter.

Business

Trans-Asia earnings decline 26% in Q1

By Neil Jerome C. Morales | May 17, 2012 - 12:00am

Trans-Asia Oil and Energy Development Corp. said its first quarter earnings declined by a quarter as higher expenses offset an increase in revenues.

Business

Trans-Asia profit surges to P408M

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

Trans-Asia Oil and Energy Development Corp. said its profit surged to P408 million last year on the back of higher trading revenues from its power business.

Business

UK-based firm to acquire Basic Petroleum for $17M

By Zinnia B. Dela Peña | February 17, 2006 - 12:00am

In line with its plan to further fortify its oil exploration and development assets in the Philippines, Forum Energy Plc. (FEP), an oil and gas company registered in the United Kingdom, will acquire Basic Petroleum...

Business

DOE mulls 100% cost recovery for dev’t of extended well by SPEX

By Donnabelle L. Gatdula | July 18, 2003 - 12:00am

The Department of Energy (DOE) is studying the possibility of allowing a 100-percent cost recovery for the extended well development of Shell Petroleum Exploration B.V. (Spex). "We are looking at this proposal...

Business