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                    [ArticleID] => 389422
                    [Title] => PNOC-EDC bags $13.7-M overseas drilling contract
                    [Summary] => 



PNOC-Energy Development Corp. (PNOC-EDC), the publicly-listed geothermal development arm of state-owned Philippine National Oil Co., has bagged a $13.7- million drilling contract in Papua New Guinea .


PNOC-EDC said it has started the drilling activities for Lihir Gold Ltd. (LGL) of Papua New Guinea .


The contract involves the drilling of 17 geothermal and dewatering wells over a 10- month period.


LGL, formerly known as Lihir Management Corp., sources part of its power requirements for its gold mine and processing facility from geothermal energy.


                    [DatePublished] => 2007-03-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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ARTHUR HOOD

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            [0] => Array
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                    [ArticleID] => 389422
                    [Title] => PNOC-EDC bags $13.7-M overseas drilling contract
                    [Summary] => 



PNOC-Energy Development Corp. (PNOC-EDC), the publicly-listed geothermal development arm of state-owned Philippine National Oil Co., has bagged a $13.7- million drilling contract in Papua New Guinea .


PNOC-EDC said it has started the drilling activities for Lihir Gold Ltd. (LGL) of Papua New Guinea .


The contract involves the drilling of 17 geothermal and dewatering wells over a 10- month period.


LGL, formerly known as Lihir Management Corp., sources part of its power requirements for its gold mine and processing facility from geothermal energy.


                    [DatePublished] => 2007-03-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

PNOC-EDC bags $13.7-M overseas drilling contract

By Donnabelle L. Gatdula | March 14, 2007 - 12:00am

PNOC-Energy Development Corp. (PNOC-EDC), the publicly-listed geothermal development arm of state-owned Philippine National Oil Co., has bagged a $13.7- million drilling contract in Papua New Guinea . PNOC-EDC...

Business