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                    [ArticleID] => 351869
                    [Title] => Australian firm may join search for oil in Palawan, Cebu
                    [Summary] => 



Australia’s NorAsian Energy Ltd. is set to explore three oil fields in the Palawan and Cebu offshore areas with a combined potential oil reserves of at least 350 million barrels of oil per day (bopd), more than the estimated potential of the Malampaya oil and gas fields.


Based on initial studies, the crude oil output can be processed into commercial quality gasoline, diesel and natural gas.


                    [DatePublished] => 2006-08-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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PALAWAN AND CEBU

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                    [ArticleID] => 351869
                    [Title] => Australian firm may join search for oil in Palawan, Cebu
                    [Summary] => 



Australia’s NorAsian Energy Ltd. is set to explore three oil fields in the Palawan and Cebu offshore areas with a combined potential oil reserves of at least 350 million barrels of oil per day (bopd), more than the estimated potential of the Malampaya oil and gas fields.


Based on initial studies, the crude oil output can be processed into commercial quality gasoline, diesel and natural gas.


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                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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Australian firm may join search for oil in Palawan, Cebu

By Ted P. Torres | August 10, 2006 - 12:00am

Australia’s NorAsian Energy Ltd. is set to explore three oil fields in the Palawan and Cebu offshore areas with a combined potential oil reserves of at least 350 million barrels of oil per day (bopd),...

Business