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                    [Title] => PNOC-EDC to ink drilling contract with Aussie firm
                    [Summary] => PNOC-Energy Development Corp., a geothermal unit of the state-owned Philippine National Oil Co. (PNOC), expects to seal a drilling contract with an Australian exploration firm.


PNOC-EDC chairman and president Sergio Apostol said, they are holding talks with Santa Fe Co. for a geothermal drilling prospects in Brisbane, Australia.


Apostol said the contract will involve at least two deep wells. "The amount of the contract might range from $4 million to $6 million each or a total contract price of P610 million," he said.


                    [DatePublished] => 2002-01-31 00:00:00
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SANTA FE CO

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                    [Title] => PNOC-EDC to ink drilling contract with Aussie firm
                    [Summary] => PNOC-Energy Development Corp., a geothermal unit of the state-owned Philippine National Oil Co. (PNOC), expects to seal a drilling contract with an Australian exploration firm.


PNOC-EDC chairman and president Sergio Apostol said, they are holding talks with Santa Fe Co. for a geothermal drilling prospects in Brisbane, Australia.


Apostol said the contract will involve at least two deep wells. "The amount of the contract might range from $4 million to $6 million each or a total contract price of P610 million," he said.


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abtest

PNOC-EDC to ink drilling contract with Aussie firm

January 31, 2002 - 12:00am

PNOC-Energy Development Corp., a geothermal unit of the state-owned Philippine National Oil Co. (PNOC), expects to seal a drilling contract with an Australian exploration firm. PNOC-EDC chairman and president Sergio...

Business