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Transcript of straman
• There is a strong expectation to generate strong cash flow in the second half of 2013 when the two wells to be drilled under the second phase of development of the Galoc oil field in offshore Palawan start producing oil. Reason/s for Choosing the Company: Firm Name: JRS Business Corporation Other Important Facts: • Shipping sector expects positive growth in 2013 Petroleum/Oil Philodrill Corporation Companies Resources Industry: Years in Business: Major Products/Services: Website: Principal place of Business: Shipping 52 years (since June 16, 1960) Courier and cargo services Money remittances http://www.jrs-express.com/ #19 Brixton St., Brgy. Kapitolyo, Pasig City The business was granted a franchise by the defunct Congress in 1961 under Republic Act #3260 to conduct a messenger and delivery express service for a period of fifty (50) years. • In 2012, the shipping industry continued to experience growth in cargo volume, stability of passenger base, replacement of aging vessels with newer ones and improvement of ship owners with the services they offer and render, according to Visayan Association of Ferry Boat & Coastwise Shipowners Operators (VAFCSO) president Kenneth Sy of Trans-Asia Shipping Lines, Inc. More so, sound economic policies of the current administration and the boom in the property segment also fuel the cargo volume development. However, lack of manpower due to brain drain has been the biggest challenge for local shipowners. Reason/s for Choosing the Company: http://www.philstar.com/cebu-business/2013/01/07/894196/shipping-sector-expects-positive-growth-2013 43 years (since June 26, 1969) Petroleum/Oil www.philodrill.com 8th Floor, Quad Alpha Centrum
Building,125 Pioneer Street, Mandaluyong City, Philippines Firm Name: Industry: Years in Business: Major Products/Services: Website: Principal place of Business: Other Important Facts: • The firm is one of the pioneers in the Philippine oil exploration industry and successfully participated in the drilling of several oil discoveries in the offshore Palawan area, the revenues from which fueled the company's steady growth and profitability through the 70's and the early 80's.
• OV changed its primary purpose to that of a diversified holding company while retaining petroleum and mineral exploration and development as one of its secondary purposes. OV maintains investments in petroleum exploration and production, financial services, property development, mining and infrastructure development. http://business.inquirer.net/91312/oil-production-off-palawan-to-rise-in-2013 CUPID SOLUTIONS Industry: Years in the Business: