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                    [ArticleID] => 75673
                    [Title] => Group, barangay chiefs oppose oil exploration
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                    [DatePublished] => 2008-07-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Cebu News
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                    [ArticleID] => 354002
                    [Title] => Oil exploration firm plans to list shares at PSE
                    [Summary] => 



Local oil exploration firm NorAsian Energy Ltd.  is planning to list its shares by way of introduction on the Philippine Stock Exchange (PSE).


The company is jointly owned by Australia’s Ottoman Energy Ltd. and AustralAsian Energy Ltd.  Ottoman is listed on the Australian Stock Exchange.  


NorAsian chief executive officer Ken Fellowes said listing on the stock exchange is an option being studied by the company.


Listing by way of introduction refers to the listing of shares of a company without undertaking an initial public offering (IPO).


                    [DatePublished] => 2006-08-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 296483
                    [Title] => AustralAsian consortium to drill for oil, gas in Palawan
                    [Summary] => The AustralAsian consortium will start drilling for oil and gas reserves in the Northwest Palawan basin before the end of the year, a top official said yesterday. 


"We believe that by using new technology we can produce oil in the field. We feel the area is viable, considering the urgency to find oil," said Rufino Bomasang, chairman of AustralAsian Energy Ltd.


AustralAsian, a wholly-owned subsidiary of Middle East Petroleum Services (MEP), is focused on oil exploration and production in the AustralAsian region, primarily in  the Philippines. 


                    [DatePublished] => 2005-09-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 292477
                    [Title] => Government pushes anew for oil exploration amid looming crisis
                    [Summary] => The government is now pushing for oil exploration to meet the challenge of skyrocketing crude oil prices that could threaten economic growth.


Ten exploration contracts have been awarded to foreign and local oil firms to search in waters off central and northern Philippines, the Department of Energy (DoE) said in a statement.


"We have to actively push for energy independence by developing our own resources to mitigate the adverse effects of soaring oil prices," Energy Secretary Raphael Lotilla said.


                    [DatePublished] => 2005-08-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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OTTOMAN ENERGY LTD

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                    [ArticleID] => 75673
                    [Title] => Group, barangay chiefs oppose oil exploration
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                    [ColumnID] => 133272
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                    [AuthorName] => 
                    [SectionName] => Cebu News
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                    [ArticleID] => 354002
                    [Title] => Oil exploration firm plans to list shares at PSE
                    [Summary] => 



Local oil exploration firm NorAsian Energy Ltd.  is planning to list its shares by way of introduction on the Philippine Stock Exchange (PSE).


The company is jointly owned by Australia’s Ottoman Energy Ltd. and AustralAsian Energy Ltd.  Ottoman is listed on the Australian Stock Exchange.  


NorAsian chief executive officer Ken Fellowes said listing on the stock exchange is an option being studied by the company.


Listing by way of introduction refers to the listing of shares of a company without undertaking an initial public offering (IPO).


                    [DatePublished] => 2006-08-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 296483
                    [Title] => AustralAsian consortium to drill for oil, gas in Palawan
                    [Summary] => The AustralAsian consortium will start drilling for oil and gas reserves in the Northwest Palawan basin before the end of the year, a top official said yesterday. 


"We believe that by using new technology we can produce oil in the field. We feel the area is viable, considering the urgency to find oil," said Rufino Bomasang, chairman of AustralAsian Energy Ltd.


AustralAsian, a wholly-owned subsidiary of Middle East Petroleum Services (MEP), is focused on oil exploration and production in the AustralAsian region, primarily in  the Philippines. 


                    [DatePublished] => 2005-09-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 292477
                    [Title] => Government pushes anew for oil exploration amid looming crisis
                    [Summary] => The government is now pushing for oil exploration to meet the challenge of skyrocketing crude oil prices that could threaten economic growth.


Ten exploration contracts have been awarded to foreign and local oil firms to search in waters off central and northern Philippines, the Department of Energy (DoE) said in a statement.


"We have to actively push for energy independence by developing our own resources to mitigate the adverse effects of soaring oil prices," Energy Secretary Raphael Lotilla said.


                    [DatePublished] => 2005-08-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Headlines
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abtest

Group, barangay chiefs oppose oil exploration

July 28, 2008 - 12:00am

Cebu News

Oil exploration firm plans to list shares at PSE

By Zinnia B. Dela Peña | August 21, 2006 - 12:00am

Local oil exploration firm NorAsian Energy Ltd. is planning to list its shares by way of introduction on the Philippine Stock Exchange (PSE). The company is jointly owned by Australia’s Ottoman Energy...

Business

AustralAsian consortium to drill for oil, gas in Palawan

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

The AustralAsian consortium will start drilling for oil and gas reserves in the Northwest Palawan basin before the end of the year, a top official said yesterday. "We believe that by using new technology we...

Business

Government pushes anew for oil exploration amid looming crisis

August 20, 2005 - 12:00am

The government is now pushing for oil exploration to meet the challenge of skyrocketing crude oil prices that could threaten economic growth. Ten exploration contracts have been awarded to foreign and local oil...

Headlines