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                    [ArticleID] => 385697
                    [Title] => PNOC-EC plans P22-B investments in 9 years
                    [Summary] => 



The PNOC-Exploration Corp. (PNOC-EC) is planning to invest up to P22.2 billion for its upstream and downstream petroleum and coal exploration projects for the next nine years.


PNOC-EC data showed that the company would need P1.3 billion for 2007. Of this amount, the bulk would go to petroleum exploration, or P657 million; P485 million would be used for its investment in coal exploration and development; and P168 million for petroleum downstream.


PNOC-EC is expecting to post an earnings of P2 billion this year, a drop from P2.6 billion in 2006.


                    [DatePublished] => 2007-02-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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NORTH CALAMIAN

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    [results] => Array
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                    [ArticleID] => 385697
                    [Title] => PNOC-EC plans P22-B investments in 9 years
                    [Summary] => 



The PNOC-Exploration Corp. (PNOC-EC) is planning to invest up to P22.2 billion for its upstream and downstream petroleum and coal exploration projects for the next nine years.


PNOC-EC data showed that the company would need P1.3 billion for 2007. Of this amount, the bulk would go to petroleum exploration, or P657 million; P485 million would be used for its investment in coal exploration and development; and P168 million for petroleum downstream.


PNOC-EC is expecting to post an earnings of P2 billion this year, a drop from P2.6 billion in 2006.


                    [DatePublished] => 2007-02-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

abtest

PNOC-EC plans P22-B investments in 9 years

By Donnabelle L. Gatdula | February 19, 2007 - 12:00am

The PNOC-Exploration Corp. (PNOC-EC) is planning to invest up to P22.2 billion for its upstream and downstream petroleum and coal exploration projects for the next nine years. PNOC-EC data showed that the...

Business