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                    [ArticleID] => 250824
                    [Title] => SC rule dampens interest in RP’s oil drilling sector
                    [Summary] => A trimmed-down list of only four companies participated in the bidding for the first Philippine Petroleum Contracting Round (PCR-1) due to concerns over the Supreme Court (SC)’s decision on Mining Act, a ranking energy official said. 


"There were only four firms that participated in the actual bidding for PCR-1. Many of those that have signified interest to join the bidding round suddently had cold feet because of the decision of the High Tribunal," Energy Undersecretary Eduardo Mañalac said. 


                    [DatePublished] => 2004-05-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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GEOTHERMAL BID ROUND

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                    [ArticleID] => 250824
                    [Title] => SC rule dampens interest in RP’s oil drilling sector
                    [Summary] => A trimmed-down list of only four companies participated in the bidding for the first Philippine Petroleum Contracting Round (PCR-1) due to concerns over the Supreme Court (SC)’s decision on Mining Act, a ranking energy official said. 


"There were only four firms that participated in the actual bidding for PCR-1. Many of those that have signified interest to join the bidding round suddently had cold feet because of the decision of the High Tribunal," Energy Undersecretary Eduardo Mañalac said. 


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abtest

SC rule dampens interest in RP’s oil drilling sector

By Donnabelle L. Gatdula | May 21, 2004 - 12:00am

A trimmed-down list of only four companies participated in the bidding for the first Philippine Petroleum Contracting Round (PCR-1) due to concerns over the Supreme Court (SC)’s decision on Mining Act, a ranking...

Business