Philex Petroleum Lands Service Contract Award for Area 4
Pasig—(PHStocks)—Philex Petroleum Corporation (PSE: PXP) has announced that its bid group, which also includes PNOC Exploration Corporation and PetroEnergy Resources Corporation, has won the bidding for Area 4 in the Northwest Palawan Basin, as offered in the 4th Philippine Energy Contracting Round for Petroleum.