PREMIER OIL

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                    [ArticleID] => 388579
                    [Title] => Gov‘t sees $116-M investments in oil drillings this year
                    [Summary] => 




The government is expected to raise some $116 million from five petroleum service contractors who have committed to drill at least six exploration wells in Palawan, Cebu, Ragay Gulf in Quezon, Mindoro and the East Visayan basin this year.


 "A number of drilling activities will be taking place within the year for the extraction of already proven reserves that were capped in the 70’s and 80’s when they were not commercially viable then and have become commercially viable now," Energy Secretary Raphael Lotilla said.


                    [DatePublished] => 2007-03-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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            [1] => Array
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                    [ArticleID] => 221917
                    [Title] => US, UK firms to search for oil in RP
                    [Summary] => The Department of Energy (DOE) is set to award oil exploration contracts to US-based the Forum Exploration Inc. and Premier Oil of UK, an energy official said. 


At the same time, some Russian and Chinese exploration and mining companies have expressed interest to look into the possibility of engaging in mining and oil depot storage activities in Nonoc Island in Mindanao. 


                    [DatePublished] => 2003-09-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

Gov‘t sees $116-M investments in oil drillings this year

By Donnabelle L. Gatdula | March 9, 2007 - 12:00am

The government is expected to raise some $116 million from five petroleum service contractors who have committed to drill at least six exploration wells in Palawan, Cebu, Ragay Gulf in Quezon, Mindoro and...

Business

US, UK firms to search for oil in RP

By Donnabelle L. Gatdula | September 25, 2003 - 12:00am

The Department of Energy (DOE) is set to award oil exploration contracts to US-based the Forum Exploration Inc. and Premier Oil of UK, an energy official said. At the same time, some Russian and Chinese exploration...

Business