Ayala-led ACEN and exploration subsidiary ACE Enexor (ENEX) have canceled its property-for-share swap agreement involving diesel and other assets due to “unfavorable market conditions.” Both..
Tag Archives: Service Contract 55
The board of Ayala-led ACE Enexor has approved the conduct of a follow-on offering (FOO), wherein 74 million shares would be issued. In a disclosure..
The Department of Energy (DOE) has approved the proposal of Ayala-led ACE Enexor and joint venture partner Pryce Corporation consortium to commence drilling in the..
Ayala-led ACEN is set to swap some of its assets for shares in exploration unit ACE Enexor, Inc. in a deed of assignment that the..
Ayala-led ACE Enexor has named Rolando “Don” Paulino, Jr. as its new president and one of its directors effective January 1, 2022. In a disclosure..
The Department of Energy (DOE) has approved Palawan55 Exploration & Production Corporation’s request to place its Service Contract (SC) 55 exploration block under Force Majeure..
ACE Enexor, Inc. (ACEX), the exploration unit of Ayala-led AC Energy, is planning to drill an exploratory well within the Service Contract (SC) 55 block..
Due to the huge impact of the COVID-19 pandemic on the upstream oil industry, the Department of Energy (DOE) is evaluating a request to place..
ACE Enexor Inc. aims to solidify its partnership and drilling plan for Service Contract (SC) 55 off the southwestern coast of Palawan within the first..