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                    [ArticleID] => 295958
                    [Title] => AustralAsian shows interest in Malampaya oil prospects
                    [Summary] => AustralAsian Energy Ltd. is set to join other foreign groups keen on  developing the Malampaya oil rim in northwest Palawan.


AustralAsian chairman Rufino Bomasang said the company has been offered by the state-run Philippine National Oil Co.-Exploration Corp. (PNOC-EC) to participate in the development of the oil rim, which is believed to have recoverable oil deposits of  40 million barrels.


PNOC-EC is a member of the consortium holding Service Contract (SC) 38, allowing them to explore oil and gas reserves in Malampaya.


                    [DatePublished] => 2005-09-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 291638
                    [Title] => Four foreign groups keen on extracting oil from Malampaya
                    [Summary] => Four foreign groups expressed keen interest in extracting oil from  the Malampaya natural gas fields in northwest Palawan which could significantly ease the country’s dependence on expensive imported oil. 


"These four groups are willing to take over the development and extraction of oil in Malampaya if the existing consortium does not push through with its development," Energy Undersecretary Peter Anthony Abaya said over the weekend. 


                    [DatePublished] => 2005-08-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 286174
                    [Title] => Houston-based oil giant presses bid to develop Malampaya oil rim
                    [Summary] => The Houston-based petroleum and natural gas company Argo  Group LLC reiterated  its interest in developing the Malampaya oil rim in northwest Palawan which the government is pushing to reduce the country’s dependence on imported oil. 


Argo Group officials said the company could extract from four to 40 million barrels of oil from the Malampaya oil field as early as May 2006. 


                    [DatePublished] => 2005-07-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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BOBBY QUINTOS

Array
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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 295958
                    [Title] => AustralAsian shows interest in Malampaya oil prospects
                    [Summary] => AustralAsian Energy Ltd. is set to join other foreign groups keen on  developing the Malampaya oil rim in northwest Palawan.


AustralAsian chairman Rufino Bomasang said the company has been offered by the state-run Philippine National Oil Co.-Exploration Corp. (PNOC-EC) to participate in the development of the oil rim, which is believed to have recoverable oil deposits of  40 million barrels.


PNOC-EC is a member of the consortium holding Service Contract (SC) 38, allowing them to explore oil and gas reserves in Malampaya.


                    [DatePublished] => 2005-09-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 291638
                    [Title] => Four foreign groups keen on extracting oil from Malampaya
                    [Summary] => Four foreign groups expressed keen interest in extracting oil from  the Malampaya natural gas fields in northwest Palawan which could significantly ease the country’s dependence on expensive imported oil. 


"These four groups are willing to take over the development and extraction of oil in Malampaya if the existing consortium does not push through with its development," Energy Undersecretary Peter Anthony Abaya said over the weekend. 


                    [DatePublished] => 2005-08-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 286174
                    [Title] => Houston-based oil giant presses bid to develop Malampaya oil rim
                    [Summary] => The Houston-based petroleum and natural gas company Argo  Group LLC reiterated  its interest in developing the Malampaya oil rim in northwest Palawan which the government is pushing to reduce the country’s dependence on imported oil. 


Argo Group officials said the company could extract from four to 40 million barrels of oil from the Malampaya oil field as early as May 2006. 


                    [DatePublished] => 2005-07-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

AustralAsian shows interest in Malampaya oil prospects

By Rocel Felix | September 10, 2005 - 12:00am

AustralAsian Energy Ltd. is set to join other foreign groups keen on developing the Malampaya oil rim in northwest Palawan. AustralAsian chairman Rufino Bomasang said the company has been offered by the state-run...

Business

Four foreign groups keen on extracting oil from Malampaya

By Rocel Felix | August 15, 2005 - 12:00am

Four foreign groups expressed keen interest in extracting oil from the Malampaya natural gas fields in northwest Palawan which could significantly ease the country’s dependence on expensive imported oil. "These...

Business

Houston-based oil giant presses bid to develop Malampaya oil rim

By Rocel Felix | July 13, 2005 - 12:00am

The Houston-based petroleum and natural gas company Argo Group LLC reiterated its interest in developing the Malampaya oil rim in northwest Palawan which the government is pushing to reduce the country’s dependence...

Business