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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 299105 [Title] => Swire Group to join Galoc oil search venture [Summary] => UK-based Swire Group has signified keen interest in joining the oil exploration venture in Service Contract (SC) 14 in Galoc oil field in northwest Palawan.
The group is presently holding discussions with the SC 14 consortium members to provide the system that would put the Galoc field on early production.
[DatePublished] => 2005-09-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 280773 [Title] => Dutch firm lends $31M for Galoc oil search project [Summary] => Vitol Group, a Netherlands-based petroleum products marketer, will underwrite a $31-million worth of loan to further develop service contract (SC) 14 in the Galoc oil reserves located northwest of Palawan.
In a disclosure to the Philippine Stock Exchange (PSE), Philodrill Corp., one of the consortium members which holds equity in SC 14, said the loan will come on top of the $9-million that Vitol earlier committed to infuse to Galoc Production Co. (GPC).
[DatePublished] => 2005-06-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 183788 [Title] => Unocal mulls oil search venture in Galoc area [Summary] => The Unocal group is looking at the possibility of exploring for oil and gas in the Galoc field in Northwest Palawan.
US-based Unocal Corp.s subsidiary in the Philippines, Unocal Sulu Ltd., signed recently an agreement with a Filipino exploration consortium led by Alcorn (Production) Philippines Inc. and Nido Petroleum of Australia to carry out a phased study of the Galoc oil and gas discovery in service contract (SC) 14 in the Philippines.
[DatePublished] => 2002-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ALTISIMA ENERGY
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 299105 [Title] => Swire Group to join Galoc oil search venture [Summary] => UK-based Swire Group has signified keen interest in joining the oil exploration venture in Service Contract (SC) 14 in Galoc oil field in northwest Palawan.
The group is presently holding discussions with the SC 14 consortium members to provide the system that would put the Galoc field on early production.
[DatePublished] => 2005-09-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 280773 [Title] => Dutch firm lends $31M for Galoc oil search project [Summary] => Vitol Group, a Netherlands-based petroleum products marketer, will underwrite a $31-million worth of loan to further develop service contract (SC) 14 in the Galoc oil reserves located northwest of Palawan.
In a disclosure to the Philippine Stock Exchange (PSE), Philodrill Corp., one of the consortium members which holds equity in SC 14, said the loan will come on top of the $9-million that Vitol earlier committed to infuse to Galoc Production Co. (GPC).
[DatePublished] => 2005-06-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 183788 [Title] => Unocal mulls oil search venture in Galoc area [Summary] => The Unocal group is looking at the possibility of exploring for oil and gas in the Galoc field in Northwest Palawan.
US-based Unocal Corp.s subsidiary in the Philippines, Unocal Sulu Ltd., signed recently an agreement with a Filipino exploration consortium led by Alcorn (Production) Philippines Inc. and Nido Petroleum of Australia to carry out a phased study of the Galoc oil and gas discovery in service contract (SC) 14 in the Philippines.
[DatePublished] => 2002-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Donnabelle L. Gatdula | September 29, 2005 - 12:00am
By Donnabelle L. Gatdula | June 8, 2005 - 12:00am
By Donnabelle L. Gatdula | November 13, 2002 - 12:00am
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