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Energy Undersecretary Ramon Allan Oca disclosed that the oil drilling exploration at San Isidro town, about 2-hour travel northward from this city, was stopped two weeks ago "for environmental and safety concerns."

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                    [Title] => Otto Energy starts new Galoc oil field drilling
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Australian firm Otto Energy Ltd. has successfully started new drillings at the Galoc oil field in Northwest Palawan, the company said in a disclosure to the Australian Securities Exchange.

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OTTO ENERGY LTD

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                    [Title] => Otto Energy starts new Galoc oil field drilling
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abtest

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

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

Otto eyes more drilling in Galoc field

By Iris Gonzales | August 22, 2014 - 12:00am

Otto Energy Ltd., an energy company listed in the Australia, is planning further drilling activities at the Galoc oil field in offshore Palawan late this year or early 2015.

Business

Otto Energy eyes BHP Billiton stake in SC 55 in Palawan

By Iris Gonzales | November 29, 2013 - 12:00am

Otto Energy Ltd., an oil and gas exploration firm listed at the Australian Stock Exchange, is eyeing to take in BHP Billiton Petroleum’s (BHPB) stake in Service Contract 55 in offshore Palawan.

Business

Otto Energy withdraws from E Visayas oil contract

By Iris Gonzales | October 10, 2013 - 12:00am

Otto Energy Ltd., an oil and gas company listed at the Australian Stock Exchange, has opted to withdraw from Service Contract 69 in Eastern Visayas.

Business

Oil drilling at Leyte town stopped

By Lalaine Jimenea | August 20, 2013 - 12:00am

Energy Undersecretary Ramon Allan Oca disclosed that the oil drilling exploration at San Isidro town, about 2-hour travel northward from this city, was stopped two weeks ago "for environmental and safety concer...

Freeman Region

Oil drilling in Leyte town stopped due to safety risks

By Lalaine Jimenea | August 19, 2013 - 12:00am

The oil drilling in San Isidro town, some two hours away from this city, was stopped around two weeks ago due to “environmental and safety concerns,” according to Energy Undersecretary Ramon Allan O...

Nation

Otto Energy starts new Galoc oil field drilling

By Iris Gonzales | June 13, 2013 - 12:00am

Australian firm Otto Energy Ltd. has successfully started new drillings at the Galoc oil field in Northwest Palawan, the company said in a disclosure to the Australian Securities Exchange.

Business

Kuwaiti firm joins Galoc oil field consortium

By Iris Gonzales | May 4, 2013 - 12:00am

Australian firm Otto Energy Ltd. announced yesterday  the entry of Kuwait Foreign Petroleum Exploration Co. (Kufpec) as partner in the Galoc project in northwest Palawan.

Business

SC 55 proponents working on Cinco well in Palawan

By Iris Gonzales | May 1, 2013 - 12:00am

The proponents of Service Contract 55 in Southwest Palawan are working on the drilling of the Cinco-1 exploration well, one of its consortium members said.

Business