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Petroenergy Resource Corp. (PERC), a publicly-listed energy company in the Philippines, and its foreign partners are set to invest $540 million to expand their oil drilling project in West Africa.

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PETROENERGY RESOURCE CORP

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abtest

Petroenergy, partners allot $540 M for West African oil search venture

By Iris Gonzales | January 12, 2013 - 12:00am

Petroenergy Resource Corp. (PERC), a publicly-listed energy company in the Philippines, and its foreign partners are set to invest $540 million to expand their oil drilling project in West Africa.

Business