Apr 20
2020 ACE Enexor Annual Stockholders’ Meeting Message from the Chairman

  ACE ENEXOR ASM SPEECH 2020 ANNUAL STOCKHOLDERS’ MEETING MESSAGE FROM THE CHAIRMAN JOHN ERIC T. FRANCIA APRIL 20, 2020   Esteemed shareholders, my colleagues on the Board and management, ladies and gentlemen, good morning to all of you.COVID-19 The impact of the COVID-19 pandemic continues to be felt globally, and the crisis is set […]


Feb 20
Ayala company acquires 75% interest in offshore Palawan service contract

ACE Enexor, Inc. has acquired a 75% interest in an offshore exploration contract in Palawan after Energy department approved the assignment by one of the partners of its stake to the Ayala-led company. In a disclosure to the stock exchange, the former Phinma Petroleum and Geothermal, Inc. (PPG) said it had received yesterday the Department […]


Sep 19
Phinma Petroleum raising stake in SC 55 West Palawan

MANILA, Philippines — Phinma Petroleum and Geothermal Inc. (PPGI) is taking a bigger stake in Service Contract (SC) 55 offshore West Palawan after one of its partners withdrew from the project. The company, however, is looking for new partners to commence drilling in the gas prospect. In a disclosure to the Philippine Stock Exchange yesterday, […]