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The consortium operating service contract (SC) 55 in offshore Northern Palawan expects the government’s go-signal to undertake further studies in the oil and gas prospect in early 2016.

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                    [Title] => Hawkeye oil well in Northern Palawan not commercially viable, says operator
                    [Summary] => 
The operator of Service Contract 55 in Northern Palawan has declared Hawkeye-1 exploratory well not commercially viable for gas and petroleum production after weeks of drilling.

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                    [Title] => Hawkeye well drilling starts
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The consortium operating Service Contract (SC) 55 in offshore Palawan has started drilling the Hawkeye-1 exploratory well and expects to yield oil or gas in the next two weeks.

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                    [Title] => Philippines needs to discover new gas field – experts
                    [Summary] => 
The Philippines needs to discover another Malampaya gas field with the depletion of natural gas from the deep water gas-to-power project looming in 2024, experts said during a natural gas summit held last week.

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                    [Title] => Otto Energy completes Galoc sale to Nido Petroleum
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Australia’s Otto Energy Ltd. has completed the sale of Galoc Production Co. (IPC) to Nido Petroleum Ltd., the company said in a disclosure to the Australian bourse.

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                    [Title] => Otto Energy stockholders okay Galoc divestment
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Australia-based Otto Energy Ltd. has obtained shareholder approval of the proposed divestment of its shares in the Galoc oil field in offshore Palawan to Nido Petroleum Ltd.

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                    [Title] => Otto Energy seeks partners for Hawkeye well
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Australia-based Otto Energy continues to seek  partners to participate in the drilling of the Hawkeye well off Palawan which has estimated reserves of 480 million barrels of oil.

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                    [Title] => PNOC-EC taking in 15% stake in oil field near Malampaya
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PNOC-EC, the exploration arm of state-owned Philippine National Oil Co. (PNOC), is partnering with an Australia-listed energy company to explore a potential oil field near the Malampaya gas facility in offshore Palawan.

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                    [Title] => Frontier Oil ups stake in SC 69
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Frontier Oil Corp. (FOC), an Australia-listed exploration company, has raised its stake and assumed operations of Service Contract (SC) 69, a move that would further strengthen its position in the upstream oil sector in the Philippines.

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                    [Title] => DOE launches new energy contracting round
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The Department of Energy is eyeing new investors to explore potential coal and petroleum fields around the country under a new petroleum contracting round set for launching within the first quarter of the year, its top official said.

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Otto Energy

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                    [Title] => Hawkeye oil well in Northern Palawan not commercially viable, says operator
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The operator of Service Contract 55 in Northern Palawan has declared Hawkeye-1 exploratory well not commercially viable for gas and petroleum production after weeks of drilling.

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                    [Title] => Hawkeye well drilling starts
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The consortium operating Service Contract (SC) 55 in offshore Palawan has started drilling the Hawkeye-1 exploratory well and expects to yield oil or gas in the next two weeks.

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                    [Title] => Philippines needs to discover new gas field – experts
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                    [Title] => Otto Energy completes Galoc sale to Nido Petroleum
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Australia’s Otto Energy Ltd. has completed the sale of Galoc Production Co. (IPC) to Nido Petroleum Ltd., the company said in a disclosure to the Australian bourse.

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                    [Title] => Otto Energy stockholders okay Galoc divestment
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Australia-based Otto Energy Ltd. has obtained shareholder approval of the proposed divestment of its shares in the Galoc oil field in offshore Palawan to Nido Petroleum Ltd.

                    [DatePublished] => 2015-01-21 00:00:00
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                    [Title] => Otto Energy seeks partners for Hawkeye well
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Australia-based Otto Energy continues to seek  partners to participate in the drilling of the Hawkeye well off Palawan which has estimated reserves of 480 million barrels of oil.

                    [DatePublished] => 2015-01-15 00:00:00
                    [ColumnID] => 0
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PNOC-EC, the exploration arm of state-owned Philippine National Oil Co. (PNOC), is partnering with an Australia-listed energy company to explore a potential oil field near the Malampaya gas facility in offshore Palawan.

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                    [Title] => Frontier Oil ups stake in SC 69
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Frontier Oil Corp. (FOC), an Australia-listed exploration company, has raised its stake and assumed operations of Service Contract (SC) 69, a move that would further strengthen its position in the upstream oil sector in the Philippines.

                    [DatePublished] => 2014-12-04 00:00:00
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                    [Title] => DOE launches new energy contracting round
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The Department of Energy is eyeing new investors to explore potential coal and petroleum fields around the country under a new petroleum contracting round set for launching within the first quarter of the year, its top official said.

                    [DatePublished] => 2014-01-12 00:00:00
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abtest

Otto Energy seeks DOE OK for further studies

December 25, 2015 - 9:00am

The consortium operating service contract (SC) 55 in offshore Northern Palawan expects the government’s go-signal to undertake further studies in the oil and gas prospect in early 2016.

Business

Hawkeye oil well in Northern Palawan not commercially viable, says operator

August 17, 2015 - 10:00am

The operator of Service Contract 55 in Northern Palawan has declared Hawkeye-1 exploratory well not commercially viable for...

Business

Hawkeye well drilling starts

August 3, 2015 - 10:00am

The consortium operating Service Contract (SC) 55 in offshore Palawan has started drilling the Hawkeye-1 exploratory well and expects to yield oil or gas in the next two weeks.

Business

Philippines needs to discover new gas field – experts

By Iris Gonzales | March 9, 2015 - 12:00am

The Philippines needs to discover another Malampaya gas field with the depletion of natural gas from the deep water gas-to-power...

Business

Otto Energy completes Galoc sale to Nido Petroleum

By Iris Gonzales | February 20, 2015 - 12:00am

Australia’s Otto Energy Ltd. has completed the sale of Galoc Production Co. (IPC) to Nido Petroleum Ltd., the company said in a disclosure to the Australian bourse.

Business

Otto Energy stockholders okay Galoc divestment

By Iris Gonzales | January 21, 2015 - 12:00am

Australia-based Otto Energy Ltd. has obtained shareholder approval of the proposed divestment of its shares in the Galoc oil field in offshore Palawan to Nido Petroleum Ltd.

Business

Otto Energy seeks partners for Hawkeye well

By Iris Gonzales | January 15, 2015 - 12:00am

Australia-based Otto Energy continues to seek  partners to participate in the drilling of the Hawkeye well off Palawan which has estimated reserves of 480 million barrels of oil.

Business

PNOC-EC taking in 15% stake in oil field near Malampaya

By Iris Gonzales | January 10, 2015 - 12:00am

PNOC-EC, the exploration arm of state-owned Philippine National Oil Co. (PNOC), is partnering with an Australia-listed energy company to explore a potential oil field near the Malampaya gas facility in offshore...

Business

Frontier Oil ups stake in SC 69

By Iris Gonzales | December 4, 2014 - 12:00am

Frontier Oil Corp. (FOC), an Australia-listed exploration company, has raised its stake and assumed operations of Service Contract (SC) 69, a move that would further strengthen its position in the upstream oil sector...

Business

DOE launches new energy contracting round

By Iris Gonzales | January 12, 2014 - 12:00am

The Department of Energy is eyeing new investors to explore potential coal and petroleum fields around the country under a new petroleum contracting round set for launching within the first quarter of the year, its...

Business