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                    [Title] => PNOC-EC set to award 2 exploration contracts
                    [Summary] => PNOC-Exploration Corp. (PNOC-EC), the oil and gas exploration arm of state-owned Philippine National Oil Co. (PNOC), is ...
                    [DatePublished] => 2008-09-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 385697
                    [Title] => PNOC-EC plans P22-B investments in 9 years
                    [Summary] => 



The PNOC-Exploration Corp. (PNOC-EC) is planning to invest up to P22.2 billion for its upstream and downstream petroleum and coal exploration projects for the next nine years.


PNOC-EC data showed that the company would need P1.3 billion for 2007. Of this amount, the bulk would go to petroleum exploration, or P657 million; P485 million would be used for its investment in coal exploration and development; and P168 million for petroleum downstream.


PNOC-EC is expecting to post an earnings of P2 billion this year, a drop from P2.6 billion in 2006.


                    [DatePublished] => 2007-02-19 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 261109
                    [Title] => PetroEnergy eyes drilling ventures in RP, Gabon
                    [Summary] => Newly-listed PetroEnergy Resources Corp. is seeking new potential oil producing areas both in Gabon, West Africa and in the Philippines by participating in drilling ventures.


In a prospectus filed with securities regulators, PetroEnergy said it would focus on increasing production in the Etame field in Gabon with the search for new areas.  Its two discoveries – Ebouri and Avouma  – are estimated to produce 21 million and 17 million barrels of oil, respectively.


                    [DatePublished] => 2004-08-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 232725
                    [Title] => PNOC, Petronas tie up for oil search in Mindoro
                    [Summary] => PNOC-Exploration Corp. (PNOC-EC) and PetroEnergy Resources Corp. signed recently an agreement with Petronas Carigali Overseas Sdn Bhd to jointly explore for oil and gas in offshore Mindoro. 


Petronas Carigali Overseas is the overseas exploration and production arm of Petroliam Nasional Berhad (Petronas), Malaysia’s national oil corporation. PNOC-EC is the oil and gas exploration arm of state-owned Philippine National Oil Co. (PNOC). 


                    [DatePublished] => 2003-12-24 00:00:00
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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OFFSHORE MINDORO

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                    [ArticleID] => 400088
                    [Title] => PNOC-EC set to award 2 exploration contracts
                    [Summary] => PNOC-Exploration Corp. (PNOC-EC), the oil and gas exploration arm of state-owned Philippine National Oil Co. (PNOC), is ...
                    [DatePublished] => 2008-09-13 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 385697
                    [Title] => PNOC-EC plans P22-B investments in 9 years
                    [Summary] => 



The PNOC-Exploration Corp. (PNOC-EC) is planning to invest up to P22.2 billion for its upstream and downstream petroleum and coal exploration projects for the next nine years.


PNOC-EC data showed that the company would need P1.3 billion for 2007. Of this amount, the bulk would go to petroleum exploration, or P657 million; P485 million would be used for its investment in coal exploration and development; and P168 million for petroleum downstream.


PNOC-EC is expecting to post an earnings of P2 billion this year, a drop from P2.6 billion in 2006.


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                    [ColumnID] => 133272
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                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 261109
                    [Title] => PetroEnergy eyes drilling ventures in RP, Gabon
                    [Summary] => Newly-listed PetroEnergy Resources Corp. is seeking new potential oil producing areas both in Gabon, West Africa and in the Philippines by participating in drilling ventures.


In a prospectus filed with securities regulators, PetroEnergy said it would focus on increasing production in the Etame field in Gabon with the search for new areas.  Its two discoveries – Ebouri and Avouma  – are estimated to produce 21 million and 17 million barrels of oil, respectively.


                    [DatePublished] => 2004-08-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 232725
                    [Title] => PNOC, Petronas tie up for oil search in Mindoro
                    [Summary] => PNOC-Exploration Corp. (PNOC-EC) and PetroEnergy Resources Corp. signed recently an agreement with Petronas Carigali Overseas Sdn Bhd to jointly explore for oil and gas in offshore Mindoro. 


Petronas Carigali Overseas is the overseas exploration and production arm of Petroliam Nasional Berhad (Petronas), Malaysia’s national oil corporation. PNOC-EC is the oil and gas exploration arm of state-owned Philippine National Oil Co. (PNOC). 


                    [DatePublished] => 2003-12-24 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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abtest

PNOC-EC set to award 2 exploration contracts

By Donnabelle L. Gatdula | September 13, 2008 - 12:00am

PNOC-Exploration Corp. (PNOC-EC), the oil and gas exploration arm of state-owned Philippine National Oil Co. (PNOC), is ...

Business

PNOC-EC plans P22-B investments in 9 years

By Donnabelle L. Gatdula | February 19, 2007 - 12:00am

The PNOC-Exploration Corp. (PNOC-EC) is planning to invest up to P22.2 billion for its upstream and downstream petroleum and coal exploration projects for the next nine years. PNOC-EC data showed that the...

Business

PetroEnergy eyes drilling ventures in RP, Gabon

By Zinnia B. Dela Peña | August 13, 2004 - 12:00am

Newly-listed PetroEnergy Resources Corp. is seeking new potential oil producing areas both in Gabon, West Africa and in the Philippines by participating in drilling ventures. In a prospectus filed with securities...

Business

PNOC, Petronas tie up for oil search in Mindoro

By Donnabelle L. Gatdula | December 24, 2003 - 12:00am

PNOC-Exploration Corp. (PNOC-EC) and PetroEnergy Resources Corp. signed recently an agreement with Petronas Carigali Overseas Sdn Bhd to jointly explore for oil and gas in offshore Mindoro. Petronas Carigali Overseas...

Business