4 companies get petroleum exploration permits
Source: 09-MAY-2008 Intellasia | Business World
May 9, 2008 - 7:00:00 AM Five new companies have obtained petroleum exploration permits from the Energy department.

Four of the companies were local namely: Miocene Mining and Energy Corp., Helios Petroleum and Gas Corp., Burgundy Global Exploration Corp., and NorAsian Energy Limited.

The contracts that the firms secured cover Cagayan, the Agusan-Davao basin, Eastern Palawan and the Visayas basin.