^
+ Follow Otto Energy Tag
Otto Energy
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1536304
                    [Title] => Otto Energy seeks DOE OK for further studies
                    [Summary] => 

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.

[DatePublished] => 2015-12-25 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1489188 [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.

[DatePublished] => 2015-08-17 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20150818/Oil-drilling-5.jpg ) [2] => Array ( [ArticleID] => 1484139 [Title] => Hawkeye well drilling starts [Summary] =>

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.

[DatePublished] => 2015-08-03 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 1431428 [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.

[DatePublished] => 2015-03-09 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => http://wpc.e0ad.edgecastcdn.net/00E0AD/images/the-philippine-star/headlines/20140504/malampaya.jpg ) [4] => Array ( [ArticleID] => 1425543 [Title] => Otto Energy completes Galoc sale to Nido Petroleum [Summary] =>

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.

[DatePublished] => 2015-02-20 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 1414997 [Title] => Otto Energy stockholders okay Galoc divestment [Summary] =>

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 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 1412952 [Title] => Otto Energy seeks partners for Hawkeye well [Summary] =>

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 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 1411237 [Title] => PNOC-EC taking in 15% stake in oil field near Malampaya [Summary] =>

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.

[DatePublished] => 2015-01-10 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 1398704 [Title] => Frontier Oil ups stake in SC 69 [Summary] =>

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 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 1277762 [Title] => DOE launches new energy contracting round [Summary] =>

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 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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