Razon Group to buy 30% stake in WPS oil exploration firm

Inquirer.net - Oct 20, 2026

MANILA, Philippines — The Razon Group is acquiring a 30-percent stake in a company that holds a service contract to harness petroleum resources in the West Philippine Sea. On Tuesday, Apex Mining Co. Inc. informed the local bourse that Prime Oil and Gas Inc. offered to acquire a 30 percent participating interest in Service Contract 72

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