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                    [Title] => Philodrill names new president
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The Philodrill Corp. has announced the appointment of Francisco A. Navarro as its new president effective April 1, 2014. Former president, Alfredo C. Ramos will continue as the company’s chairman.

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                    [Title] => Nido Petroleum starts share purchase plan
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Australia’s Nido Petroleum Ltd., the project operator of the Galoc oil field in the Northwest Palawan basin, has started raising half of a targeted A$11-million capital.

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

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                    [Title] => Oil exploration firms post profit gains in 2011
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Listed oil exploration firms recorded profit gains last year on the back of favorable prices that jacked up revenues from their petroleum service contracts (SC), the companies told the local bourse.
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                    [Title] => Galoc consortium halts Palawan drilling
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Galoc Production Co. (GPC) has temporarily stopped drilling activities at the Galoc oil field in Palawan.
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                    [Title] => Galoc operator to resume drilling
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MANILA, Philippines - Galoc Production Co. (GPC), the operator of what is believed to be the next biggest oil-producing field in the Philippines, plans to resume oil drilling activities in the Northwest Palawan field next week.
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                    [Title] => Results of Galoc evaluation project being finalized
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Vitol GPC Investments SA, a major operator of the Galoc oil field, is now finalizing the results of their joint Octon-Galoc evaluation project as part of its Phase 1 farm-in commitment into Service Contract 6-A. 
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                    [Title] => SEC approves Philodrill stock rights offer
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The Securities and Exchange Commission has approved the P383.74-million stock rights offering of oil exploration firm Philodrill Corp.
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Listed oil firms said the government has no business taking part in oil exploration projects and should instead work towards the privatization of the industry as they disputed reports branding oil firms racketeers on speculations that some merely cash in on their service contracts.

Philippine National Oil Co. (PNOC) president Eduardo Mañalac was  reported to have said in a forum that there are local and foreign entities with dubious and unproven credentials and some service contractors who do not produce but who only speculate on their permits from the government.

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PHILODRILL CORP

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                    [Title] => Philodrill names new president
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The Philodrill Corp. has announced the appointment of Francisco A. Navarro as its new president effective April 1, 2014. Former president, Alfredo C. Ramos will continue as the company’s chairman.

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                    [Title] => Nido Petroleum starts share purchase plan
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Australia’s Nido Petroleum Ltd., the project operator of the Galoc oil field in the Northwest Palawan basin, has started raising half of a targeted A$11-million capital.

                    [DatePublished] => 2012-12-11 00:00:00
                    [ColumnID] => 0
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Pitkin Petroleum Plc., an affiliate of Philex Petroleum Corp., has earmarked around $10 million for an exploratory drilling in Mindoro next year.

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Listed oil exploration firms recorded profit gains last year on the back of favorable prices that jacked up revenues from their petroleum service contracts (SC), the companies told the local bourse.
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                    [Title] => Galoc consortium halts Palawan drilling
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Galoc Production Co. (GPC) has temporarily stopped drilling activities at the Galoc oil field in Palawan.
                    [DatePublished] => 2011-11-29 00:00:00
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                    [Title] => Galoc operator to resume drilling
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MANILA, Philippines - Galoc Production Co. (GPC), the operator of what is believed to be the next biggest oil-producing field in the Philippines, plans to resume oil drilling activities in the Northwest Palawan field next week.
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                    [Title] => Results of Galoc evaluation project being finalized
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Vitol GPC Investments SA, a major operator of the Galoc oil field, is now finalizing the results of their joint Octon-Galoc evaluation project as part of its Phase 1 farm-in commitment into Service Contract 6-A. 
                    [DatePublished] => 2009-01-12 00:00:00
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                    [Title] => SEC approves Philodrill stock rights offer
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                    [Title] => Listed firms hit government participation in oil exploration
                    [Summary] => 



Listed oil firms said the government has no business taking part in oil exploration projects and should instead work towards the privatization of the industry as they disputed reports branding oil firms racketeers on speculations that some merely cash in on their service contracts.

Philippine National Oil Co. (PNOC) president Eduardo Mañalac was  reported to have said in a forum that there are local and foreign entities with dubious and unproven credentials and some service contractors who do not produce but who only speculate on their permits from the government.

                    [DatePublished] => 2006-10-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

Ramos family hikes stake in United Paragon

December 19, 2014 - 12:00am

The investment holding firm of the Ramos family has purchased additional shares in United Paragon Mining Corp. (UPM) for P36 million.

Business

Philodrill names new president

April 4, 2014 - 12:00am

The Philodrill Corp. has announced the appointment of Francisco A. Navarro as its new president effective April 1, 2014. Former president, Alfredo C. Ramos will continue as the company’s chairman.

Business

Nido Petroleum starts share purchase plan

By Neil Jerome C. Morales | December 11, 2012 - 12:00am

Australia’s Nido Petroleum Ltd., the project operator of the Galoc oil field in the Northwest Palawan basin, has started raising half of a targeted A$11-million capital.

Business

Philex affiliate allots $10M for Mindoro oil drilling

By Neil Jerome C. Morales | November 20, 2012 - 12:00am

Pitkin Petroleum Plc., an affiliate of Philex Petroleum Corp., has earmarked around $10 million for an exploratory drilling in Mindoro next year.

Business

Oil exploration firms post profit gains in 2011

By Neil Jerome C. Morales | May 1, 2012 - 12:00am

Listed oil exploration firms recorded profit gains last year on the back of favorable prices that jacked up revenues from their petroleum service contracts (SC), the companies told the local bourse.

Business

Galoc consortium halts Palawan drilling

By Donnabelle L. Gatdula | November 29, 2011 - 12:00am

Galoc Production Co. (GPC) has temporarily stopped drilling activities at the Galoc oil field in Palawan.

Business

Galoc operator to resume drilling

By Donnabelle L. Gatdula | February 21, 2009 - 12:00am

MANILA, Philippines - Galoc Production Co. (GPC), the operator of what is believed to be the next biggest oil-producing field in the Philippines, plans to resume oil drilling activities in the Northwest Palawan field...

Business

Results of Galoc evaluation project being finalized

By Donnabelle L. Gatdula | January 12, 2009 - 12:00am

Vitol GPC Investments SA, a major operator of the Galoc oil field, is now finalizing the results of their joint Octon-Galoc evaluation project as part of its Phase 1 farm-in commitment into Service Contract 6-A...

Business

SEC approves Philodrill stock rights offer

September 20, 2008 - 12:00am

The Securities and Exchange Commission has approved the P383.74-million stock rights offering of oil exploration firm Philodrill Corp.

Business

Listed firms hit government participation in oil exploration

By Zinnia B. Dela Peña | October 16, 2006 - 12:00am

Listed oil firms said the government has no business taking part in oil exploration projects and should instead work towards the privatization of the industry as they disputed reports branding oil firms racketeers...

Business