ACE Enexor Inc. is banking on the vaccine push here and abroad to bolster gas exploration and development activities in the country. “We are cautiously optimistic that the rollout of vaccines worldwide would help stimulate commercial activity to fuel revival of the upstream industry. The signs in the first quarter of 2021 are promising,” ACE […]

April 19, 2021 – Notwithstanding the many challenges brought about by the COVID-19 crisis, ACE Enexor, Inc. (ACEX), AC Energy’s listed oil and gas exploration and production unit, continues to gear up for its gas drilling project offshore West Palawan under Service Contract (SC) 55.   “We value the opportunity to help the country in […]

John Eric Francia ACE Enexor, Chairman Annual Stockholders’ Meeting | 19 April 2021   Esteemed shareholders, my colleagues on the Board and management, ladies and gentlemen, good afternoon to all of you.   2020 was an exceptionally difficult year for everyone. I would like to thank the men and women of ACE Enexor and the […]

MANILA, Philippines — ACE Enexor Inc., the listed oil and gas exploration and production unit of the Ayala Group, plans to firm up its partnership and 2022 drilling plan for Service Contract (SC) 55 offshore West Palawan within the first half of the year. In a recent virtual briefing, ACE Enexor chairman Eric Francia said […]

MANILA, Philippines — ACE Enexor Inc., the listed oil and gas exploration and production unit of the Ayala Group, has decided to exit the consortium operating Service Contract (SC) No. 6 in northwest Palawan. In a disclosure to the Philippine Stock Exchange yesterday, ACE Enexor said its executive committee approved the withdrawal from SC 6 […]