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                    [ArticleID] => 169761
                    [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.


                    [DatePublished] => 2002-07-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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BASIC CONSOLIDATED AND MINING CORP

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                    [ArticleID] => 169761
                    [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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                    [ColumnID] => 133272
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                    [AuthorName] => Donnabelle L. Gatdula
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abtest

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