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Enex seeks oil exploration partners

Listed Enex Energy Corp., which is majority owned by ACEN Corp., continues to scout for a joint partner to develop its oil and gas exploration contract, service contract (SC) 55, in the West Philippine Sea. SC55 continues to be under force majeure given geopolitical issues associated with the disputed waters.…

Higher LPG sales propel Pryce s profit to P2 22 billion

Higher LPG sales propel Pryce s profit to P2 22 billion
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Ayala offshore drilling deal gets extension

Ayala offshore drilling deal gets extension
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Government gives Ayala unit more time to drill for oil in WPS

The Department of Energy (DOE) has extended by 18 months the deadline imposed on Palawan55 Exploration and Production Corp. (Palawan55) to drill a well under service contract (SC) 55 in the West Philippine Sea (WPS). Palawan 55, the subsidiary of Ayala-led ENEX Energy Corp., is the operator of SC 55.…

LPG sales boost Pryce Corp earnings

LPG sales boost Pryce Corp earnings
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