NorAsian Energy Ltd Company News

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Otto Reports on Philippines, Plans to Drill More Wells
Two years of detailed technical review and evaluation has identified considerable potential in Otto’s Philippines acreage portfolio that warrants commitment to the drilling of multiple explorations wells.
8:00 PM EST | July 07, 2008
Otto Awarded Exploration Service Contract Offshore Philippines
Otto Energy announced the award of Area 8 Service Contract 69 offshore Philippines to the company's wholly owned subsidiary NorAsian Energy Limited for a 7-year period.
8:00 PM EST | May 07, 2008
Philippines to Award 7 Service Contracts Worth $76 Million
The Philippine Department of Energy announced Feb. 26 that it will award seven exploration contracts worth $76 million.
7:00 PM EST | February 25, 2008
Otto Energy Preferred Bidder for Area 8 in the Philippines
The Department of Energy in the Philippines has advised Otto Energy that NorAsian has been ranked as the preferred bidder for an exploration Service Contract for Area 8.
8:00 PM EST | September 26, 2007
Otto Reports on Turkish Drilling
Australian oil and gas exploration and development company Otto Energy Limited announced plans to drill the Yagci-1 gas exploration well in the Thrace Basin of Turkey.
7:00 PM EST | January 24, 2007
Otto Starts Philippines Seismic Survey
NorAsian Energy says its seismic survey of deepwater Service Contract 55 offshore the Philippines is expected to start this week.
8:00 PM EST | October 18, 2006
Otto Energy Firms Up Rig Contract for Philippine Operations
Otto Energy Limited's subsidiary NorAsian Energy Limited has now entered into a 3-year (plus options) Bare Boat Charter of a new build Multi Purpose Semi Submersible Rig ("MPSS") with a delivery time of October 15, 2007.
8:00 PM EST | September 24, 2006
Ottoman to Commence Seismic in Philippines
Ottoman Energy Limited said that its subsidiary NorAsian Energy Limited ) has executed a contract with Veritas Geophysical (Asia Pacific) Pte Ltd to shoot a 400-km 2D seismic program over the giant Marantao Reef Prospect.
8:00 PM EST | August 09, 2006
Philippines' NorAsian Charters Oil Rig, Plans Drilling
NorAsian Energy Ltd. said Wednesday it chartered a multipurpose semisubmersible rig for three years which should provide a boost to oil and natural gas exploration in the Philippines.
8:00 PM EST | August 08, 2006