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                    [ArticleID] => 253268
                    [Title] => Unocal-led consortium invests $14M in two oil drilling projects in Sulu Sea
                    [Summary] => A consortium led by Unocal Sulu Ltd. will commence later this month the drilling of two back-to-back wells over the southern Sulu Sea, the Department of Energy (DOE) said yesterday.


At present, the consortium holds Service Contract 41 for the exploration and development of the Sulu Sea area which, as proven by previous numerous tests, contain significant recoverable reserves for oil and gas.    


Energy Secretary Vincent S. Perez lauded the consortium’s move to conduct drilling activities at a time of rising world oil prices.


                    [DatePublished] => 2004-06-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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BILLITON AND SANDAKAN OIL

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                    [ArticleID] => 253268
                    [Title] => Unocal-led consortium invests $14M in two oil drilling projects in Sulu Sea
                    [Summary] => A consortium led by Unocal Sulu Ltd. will commence later this month the drilling of two back-to-back wells over the southern Sulu Sea, the Department of Energy (DOE) said yesterday.


At present, the consortium holds Service Contract 41 for the exploration and development of the Sulu Sea area which, as proven by previous numerous tests, contain significant recoverable reserves for oil and gas.    


Energy Secretary Vincent S. Perez lauded the consortium’s move to conduct drilling activities at a time of rising world oil prices.


                    [DatePublished] => 2004-06-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

Unocal-led consortium invests $14M in two oil drilling projects in Sulu Sea

By Donnabelle L. Gatdula | June 10, 2004 - 12:00am

A consortium led by Unocal Sulu Ltd. will commence later this month the drilling of two back-to-back wells over the southern Sulu Sea, the Department of Energy (DOE) said yesterday. At present, the consortium holds...

Business