Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 868731
                    [Title] => Philex affiliate allots $10M for Mindoro oil drilling
                    [Summary] => 
Pitkin Petroleum Plc., an affiliate of Philex Petroleum Corp., has earmarked around $10 million for an exploratory drilling in Mindoro next year.

                    [DatePublished] => 2012-11-20 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 391442
                    [Title] => Petroleum Corp acquires bioethanol producer
                    [Summary] => 



Publicly-listed Basic Petroleum Corp. is entering the lucrative bio-fuels business via the purchase of bioethanol producer Zambo Norte Bioenergy Corp. (ZNBC) for P120 million in cash and in shares of stock.


Sources privy to the transaction said ZNBC, owned by a leading local sugar conglomerate and a group of petroleum, shipping and investment banking veterans, will own about 12 percent of Basic upon completion of the deal.


                    [DatePublished] => 2007-03-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 381588
                    [Title] => Basic Petroleum may go into coal, gold mining
                    [Summary] => 



Basic Petroleum Corp. (formerly Basic Consolidated Inc.) is in talks with prospective partners for its planned foray into coal exploration and/or gold mining, the company told the Philippine Stock Exchange.


                    [DatePublished] => 2007-01-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 372697
                    [Title] => Basic Consolidated reduces capital to P500 million
                    [Summary] => 



The Securities and Exchange Commission has approved Basic Consolidated Inc.’s reduction in authorized capital stock to P500 million from P2 billion as part of the company’s quasi-reorganization towards cleaning up its balance sheet.


In a disclosure to the Philippine Stock Exhange, Basic said the SEC also approved the reduction of the par value of its shares from P1 to P0.25 per share.  The number of the company’s shares remains at two billion.  


Likewise approved was the change in its corporate name to Basic Petroleum Corp. 


                    [DatePublished] => 2006-12-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 322097
                    [Title] => UK-based firm to acquire Basic Petroleum for $17M
                    [Summary] => In line with its plan to further fortify its oil exploration and development assets in the Philippines, Forum Energy Plc. (FEP), an oil and gas company registered in the United Kingdom, will acquire Basic Petroleum and Mining Inc. (BPMI) for $17 million.


FEP and BPMI signed Wednesday an agreement covering the acquisition by the former of the 100 percent shareholdings of Basic Consolidated Inc. (BCI) in BPMI, representing 50 million shares.


                    [DatePublished] => 2006-02-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 150805
                    [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.


                    [DatePublished] => 2002-02-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 98518
                    [Title] => Trans-Asia sets $10-M oil, gas search activity
                    [Summary] => A $10-million oil and gas exploration activity will be undertaken by Trans-Asia Oil and Energy Development Corp. in southwestern Palawan.


Company officials said they have filed for a geophysical survey and exploration contract (GSEC) with the Department of Energy (DOE) covering the Bancaoan basin not far from Cliff Head-1 exploration well.


Cliff Head-1 is an offshore drilling site in Palawan, also being explored by Trans-Asia Oil under GSEC 91.


                    [DatePublished] => 2000-10-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 100480
                    [Title] => Unocal acquires 15% stake in oil exploration project
                    [Summary] => 

Unocal Corp. has acquired a 15-percent share in the oil exploration project in
the Sulu Seas off the Sabah boundary.

The Unocal acquisition came from 45 percent share of Arco Phils. in the oil
exploration consortium which includes Basic Consolidated Inc., Oriental
Petroleum and Mineral Corp., South China Resources Inc., Preussag Energie Gmbh
of Germany, and the Malaysian Mining Corp.
                    [DatePublished] => 2000-04-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

BASIC CONSOLIDATED INC

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 868731
                    [Title] => Philex affiliate allots $10M for Mindoro oil drilling
                    [Summary] => 
Pitkin Petroleum Plc., an affiliate of Philex Petroleum Corp., has earmarked around $10 million for an exploratory drilling in Mindoro next year.

                    [DatePublished] => 2012-11-20 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 391442
                    [Title] => Petroleum Corp acquires bioethanol producer
                    [Summary] => 



Publicly-listed Basic Petroleum Corp. is entering the lucrative bio-fuels business via the purchase of bioethanol producer Zambo Norte Bioenergy Corp. (ZNBC) for P120 million in cash and in shares of stock.


Sources privy to the transaction said ZNBC, owned by a leading local sugar conglomerate and a group of petroleum, shipping and investment banking veterans, will own about 12 percent of Basic upon completion of the deal.


                    [DatePublished] => 2007-03-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 381588
                    [Title] => Basic Petroleum may go into coal, gold mining
                    [Summary] => 



Basic Petroleum Corp. (formerly Basic Consolidated Inc.) is in talks with prospective partners for its planned foray into coal exploration and/or gold mining, the company told the Philippine Stock Exchange.


                    [DatePublished] => 2007-01-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 372697
                    [Title] => Basic Consolidated reduces capital to P500 million
                    [Summary] => 



The Securities and Exchange Commission has approved Basic Consolidated Inc.’s reduction in authorized capital stock to P500 million from P2 billion as part of the company’s quasi-reorganization towards cleaning up its balance sheet.


In a disclosure to the Philippine Stock Exhange, Basic said the SEC also approved the reduction of the par value of its shares from P1 to P0.25 per share.  The number of the company’s shares remains at two billion.  


Likewise approved was the change in its corporate name to Basic Petroleum Corp. 


                    [DatePublished] => 2006-12-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 322097
                    [Title] => UK-based firm to acquire Basic Petroleum for $17M
                    [Summary] => In line with its plan to further fortify its oil exploration and development assets in the Philippines, Forum Energy Plc. (FEP), an oil and gas company registered in the United Kingdom, will acquire Basic Petroleum and Mining Inc. (BPMI) for $17 million.


FEP and BPMI signed Wednesday an agreement covering the acquisition by the former of the 100 percent shareholdings of Basic Consolidated Inc. (BCI) in BPMI, representing 50 million shares.


                    [DatePublished] => 2006-02-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 150805
                    [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.


                    [DatePublished] => 2002-02-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 98518
                    [Title] => Trans-Asia sets $10-M oil, gas search activity
                    [Summary] => A $10-million oil and gas exploration activity will be undertaken by Trans-Asia Oil and Energy Development Corp. in southwestern Palawan.


Company officials said they have filed for a geophysical survey and exploration contract (GSEC) with the Department of Energy (DOE) covering the Bancaoan basin not far from Cliff Head-1 exploration well.


Cliff Head-1 is an offshore drilling site in Palawan, also being explored by Trans-Asia Oil under GSEC 91.


                    [DatePublished] => 2000-10-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 100480
                    [Title] => Unocal acquires 15% stake in oil exploration project
                    [Summary] => 

Unocal Corp. has acquired a 15-percent share in the oil exploration project in
the Sulu Seas off the Sabah boundary.

The Unocal acquisition came from 45 percent share of Arco Phils. in the oil
exploration consortium which includes Basic Consolidated Inc., Oriental
Petroleum and Mineral Corp., South China Resources Inc., Preussag Energie Gmbh
of Germany, and the Malaysian Mining Corp.
                    [DatePublished] => 2000-04-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest