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                    [Title] => OPMC profits fall in H1
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Lower revenues arising from the drop in oil prices in the international market resulted in a 70 percent drop in Oriental Petroleum and Minerals Corp.’s first half net profit.

                    [DatePublished] => 2015-08-21 10:00:00
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                    [Title] => Stocks start week in the red
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The Philippine Stock Exchange index started the week in the red, shedding by 25.89 points or 0.43 percent to 6,015.3 on Monday.

                    [DatePublished] => 2014-02-03 15:42:37
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                    [Title] => Nido Petroleum starts share purchase plan
                    [Summary] => 
Australia’s Nido Petroleum Ltd., the project operator of the Galoc oil field in the Northwest Palawan basin, has started raising half of a targeted A$11-million capital.

                    [DatePublished] => 2012-12-11 00:00:00
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                    [AuthorName] => Neil Jerome C. Morales
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                    [Title] => Galoc group to start second phase of drilling program
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Galoc Production Corp. (GPC) is preparing to start the second phase of drilling at its Service Contract (SC) 14 area in Northwest Palawan, a top consortium official said.
                    [DatePublished] => 2010-01-08 00:00:00
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                    [Title] => Oil from Galoc to be exported to Japan
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Galoc Production Co. (GPC) will make Japan its newest market its oil output in northwest Palawan, company sources said.
                    [DatePublished] => 2009-04-04 00:00:00
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                    [Title] => Galoc operator to resume drilling
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MANILA, Philippines - Galoc Production Co. (GPC), the operator of what is believed to be the next biggest oil-producing field in the Philippines, plans to resume oil drilling activities in the Northwest Palawan field next week.
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                    [Title] => Aussie firm seeks funding for Cadlao oil exploration
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Australian oil firm Blade Petroleum Ltd. has tapped US-based Tristone Capital to help explore funding sources for the development of the Cadlao oil field in Northwest Palawan.
                    [DatePublished] => 2009-01-11 00:00:00
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                    [AuthorName] => Donnabelle L. Gatdula
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                    [Title] => Aussie firm starts drilling in Sulu Sea
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                    [Title] => US firm joins local oil search consortium
                    [Summary] => US-based RockOil International Inc. has joined a big oil exploration consortium to explore for oil and gas in northwest Palawan, Energy Secretary Vincent S. Perez said yesterday.


Perez told reporters that RockOil International has applied to invest in service contract (SC) 6-A held by a group of oil exploration firms led by Philodrill Corp. SC 6-A involves an area of 164,837.72 hectares in offshore Palawan. The term of the contract is 25 years. It is now in the exploration stage which covers the first seven years.


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                    [Title] => Consortium in Tarlac gas field awaits report
                    [Summary] => The original consortium of oil and gas exploration firms in the recently discovered Victoria-3 natural gas field in Tarlac is still awaiting the full report of the state-owned PNOC-Energy Development Corp. (PNOC-EDC) before deciding whether to buy back as much as 10-percent interest in the project.


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ORIENTAL PETROLEUM AND MINERALS CORP

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Lower revenues arising from the drop in oil prices in the international market resulted in a 70 percent drop in Oriental Petroleum and Minerals Corp.’s first half net profit.

                    [DatePublished] => 2015-08-21 10:00:00
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                    [Title] => Stocks start week in the red
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The Philippine Stock Exchange index started the week in the red, shedding by 25.89 points or 0.43 percent to 6,015.3 on Monday.

                    [DatePublished] => 2014-02-03 15:42:37
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Australia’s Nido Petroleum Ltd., the project operator of the Galoc oil field in the Northwest Palawan basin, has started raising half of a targeted A$11-million capital.

                    [DatePublished] => 2012-12-11 00:00:00
                    [ColumnID] => 0
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                    [Title] => Galoc operator to resume drilling
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MANILA, Philippines - Galoc Production Co. (GPC), the operator of what is believed to be the next biggest oil-producing field in the Philippines, plans to resume oil drilling activities in the Northwest Palawan field next week.
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                    [Title] => Aussie firm seeks funding for Cadlao oil exploration
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Australian oil firm Blade Petroleum Ltd. has tapped US-based Tristone Capital to help explore funding sources for the development of the Cadlao oil field in Northwest Palawan.
                    [DatePublished] => 2009-01-11 00:00:00
                    [ColumnID] => 133272
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                    [Summary] => US-based RockOil International Inc. has joined a big oil exploration consortium to explore for oil and gas in northwest Palawan, Energy Secretary Vincent S. Perez said yesterday.


Perez told reporters that RockOil International has applied to invest in service contract (SC) 6-A held by a group of oil exploration firms led by Philodrill Corp. SC 6-A involves an area of 164,837.72 hectares in offshore Palawan. The term of the contract is 25 years. It is now in the exploration stage which covers the first seven years.


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                    [Title] => Consortium in Tarlac gas field awaits report
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abtest

OPMC profits fall in H1

August 21, 2015 - 10:00am

Lower revenues arising from the drop in oil prices in the international market resulted in a 70 percent drop in Oriental Petroleum and Minerals Corp.’s first half net profit.

Business

Stocks start week in the red

February 3, 2014 - 3:42pm

The Philippine Stock Exchange index started the week in the red, shedding by 25.89 points or 0.43 percent to 6,015.3 on ...

Business

Nido Petroleum starts share purchase plan

By Neil Jerome C. Morales | December 11, 2012 - 12:00am

Australia’s Nido Petroleum Ltd., the project operator of the Galoc oil field in the Northwest Palawan basin, has started raising half of a targeted A$11-million capital.

Business

Galoc group to start second phase of drilling program

By Donnabelle L. Gatdula | January 8, 2010 - 12:00am

Galoc Production Corp. (GPC) is preparing to start the second phase of drilling at its Service Contract (SC) 14 area in Northwest Palawan, a top consortium official said.

Business

Oil from Galoc to be exported to Japan

By Donnabelle L. Gatdula | April 4, 2009 - 12:00am

Galoc Production Co. (GPC) will make Japan its newest market its oil output in northwest Palawan, company sources said.

Business

Galoc operator to resume drilling

By Donnabelle L. Gatdula | February 21, 2009 - 12:00am

MANILA, Philippines - Galoc Production Co. (GPC), the operator of what is believed to be the next biggest oil-producing field in the Philippines, plans to resume oil drilling activities in the Northwest Palawan field...

Business

Aussie firm seeks funding for Cadlao oil exploration

By Donnabelle L. Gatdula | January 11, 2009 - 12:00am

Australian oil firm Blade Petroleum Ltd. has tapped US-based Tristone Capital to help explore funding sources for the development of the Cadlao oil field in Northwest Palawan.

Business

Aussie firm starts drilling in Sulu Sea

By Donnabelle L. Gatdula | July 22, 2008 - 12:00am

Business

US firm joins local oil search consortium

By Donnabelle L. Gatdula | July 27, 2002 - 12:00am

US-based RockOil International Inc. has joined a big oil exploration consortium to explore for oil and gas in northwest Palawan, Energy Secretary Vincent S. Perez said yesterday. Perez told reporters that RockOil...

Business

Consortium in Tarlac gas field awaits report

February 16, 2002 - 12:00am

The original consortium of oil and gas exploration firms in the recently discovered Victoria-3 natural gas field in Tarlac is still awaiting the full report of the state-owned PNOC-Energy Development Corp. (PNOC-EDC)...

Business