AC Energy seeks Aussie venture partner for Philippines

AC Energy, via its subsidiary Palawan55, is seeking an Australian partner to explore a deep-water block in the southwest Palawan Basin of the Philippines.

AC Energy seeks Aussie venture partner for Philippines AC Energy seeks Aussie venture partner for Philippines AC Energy seeks Aussie venture partner for Philippines AC Energy seeks Aussie venture partner for Philippines AC Energy seeks Aussie venture partner for Philippines

Palawan 55 holds a 75% stake in Service Contract 55 (SC55) alongside Pryce Gases Inc which owns the remaining 25%. 

The permit was previously held by Otto Energy and  Red Emperor Resources.