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                    [Title] => PNOC, Indon firm ink jt venture
                    [Summary] => Publicly-listed PNOC-Exploration Corp. (EC) has tied up with an Indonesian coal firm for a possible joint venture on coal-related businesses. 


"We have already signed a MOU, (memorandum of understanding) soon with PT Garda Tujuh Buana Coal Mining Corp. last Thursday," EC president Rufino Bomasang told The STAR. 


With the signing, Bomasang said both firms will start their due diligence and they expect to come up with the results by middle of this year.


                    [DatePublished] => 2004-02-28 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [Title] => PNOC-EC to ink MOU with Indon coal firm
                    [Summary] => The PNOC-Exploration Corp. (PNOC-EC) is likely to sign a memorandum of understanding with an Indonesian coal firm for a possible sharing of technical expertise in mining and marketing of coal. 


"We hope to sign a MOU soon with PT Garda Tujuh Buana Coal Mining Corp.," PNOC-EC president Rufino Bomasang said. 


But Bomasang said the two companies will have to conduct their respective due diligence before they could proceed with the actual signing of the agreement. 


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GARDA TUJUH BUANA COAL MINING CORP

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                    [Title] => PNOC, Indon firm ink jt venture
                    [Summary] => Publicly-listed PNOC-Exploration Corp. (EC) has tied up with an Indonesian coal firm for a possible joint venture on coal-related businesses. 


"We have already signed a MOU, (memorandum of understanding) soon with PT Garda Tujuh Buana Coal Mining Corp. last Thursday," EC president Rufino Bomasang told The STAR. 


With the signing, Bomasang said both firms will start their due diligence and they expect to come up with the results by middle of this year.


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                    [Title] => PNOC-EC to ink MOU with Indon coal firm
                    [Summary] => The PNOC-Exploration Corp. (PNOC-EC) is likely to sign a memorandum of understanding with an Indonesian coal firm for a possible sharing of technical expertise in mining and marketing of coal. 


"We hope to sign a MOU soon with PT Garda Tujuh Buana Coal Mining Corp.," PNOC-EC president Rufino Bomasang said. 


But Bomasang said the two companies will have to conduct their respective due diligence before they could proceed with the actual signing of the agreement. 


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abtest

PNOC, Indon firm ink jt venture

By Donnabelle L. Gatdula | February 28, 2004 - 12:00am

Publicly-listed PNOC-Exploration Corp. (EC) has tied up with an Indonesian coal firm for a possible joint venture on coal-related businesses. "We have already signed a MOU, (memorandum of understanding) soon...

Business

PNOC-EC to ink MOU with Indon coal firm

By Donnabelle L. Gatdula | February 2, 2004 - 12:00am

The PNOC-Exploration Corp. (PNOC-EC) is likely to sign a memorandum of understanding with an Indonesian coal firm for a possible sharing of technical expertise in mining and marketing of coal. "We hope to...

Business