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Galoc Oil Field

Location

North-west of Palawan

Discovered

1981

Operator

Galoc Production Company (owned by Vitol Group, 68.6%, and Otto Energy Limited, 31.4%)

Area covered

17km²

Water depth

290-400m

Estimated cost of project

$120m

Production commenced

October 2008

Galoc Production Company

Nido Petroleum Philippines

The Philodrill Corporation

Oriental Petroleum & Minerals Corporation / Linapacan Oil Gas & Power Corporation

Forum Energy Philippines Corporation

Alcorn Gold Resources Corporation

PetroEnergy Resources Corporation
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