Karoon Farm-out to Tullow 35% of Block Z-38, Tumbes Basin Peru

Karoon Gas Australia Ltd (ASX: KAR) is pleased to announce the farm-out of a 35% interest in offshore exploration Block Z-38, Tumbes Basin Peru to Tullow Peru Limited, a wholly owned subsidiary of Tullow Oil plc. Pitkin Petroleum Peru Z-38 SRL, a wholly owned subsidiary of Pitkin Petroleum Ltd (PPL), holds a 25% participating interest […]
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Philex Petroleum Posts PhP144M Consolidated Net Loss for 2015

Pasig—(PHStocks)—Philex Petroleum Corp. (PSE: PXP) incurred an audited net loss attributable to equity holders of the parent company of PhP87.5 million for the year ended 31 December 2015 compared to a net loss of PhP225.6 million in 2014. Reported consolidated net loss amounted to PhP144 million, compared to a net loss of PhP448.7 million during […]
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Philex Petroleum Posts PhP44.2M Net Loss for 1Q2015

Pasig—(PHStocks)—Philex Petroleum Corp. (PSE: PXP) incurred a consolidated net loss of PhP44.2 million for the three-month period ended 31 March 2015, compared to a net income of PhP25.7 million during the same period last year. The net loss attributable to equity holders of the parent company amounted to PhP22.8 million, compared to PhP20.2 million during the same […]
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