Philex unit finds oil, gas flows in Vietnam

Philex Mining Corporation announced that its international oil exploration affiliate Pitkin Petroleum Plc has found encouraging oil and gas flow rates in Block 07/03, offshore Vietnam. In a disclosure to the Philippine Stock Exchange, Philex said the block’s operator Premier Oil Vietnam South B.V. said the positive “hydrocarbon flow rates from the Oligocene section in [...]

Apr 16 2011 | Posted in Oil-Gas & Petroleum | Read More »

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