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                    [ArticleID] => 748115
                    [Title] => EDC extends PNG contract
                    [Summary] => 
Lopez-owned Energy Development Corp. (EDC) has extended anew its contract with Lihir Gold Ltd. Papua New Guinea to Dec. 31, 2012, a company report to the Philippine Stock Exchange said.
                    [DatePublished] => 2011-11-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [ArticleID] => 488612
                    [Title] => EDC inks $15-million drilling contract with PNG firm
                    [Summary] => 
Energy Development Corp. (EDC) has entered into a new drilling contract with Lihir Gold Ltd. (LGL) of Papua New Guinea (PNG) worth $15 million.
                    [DatePublished] => 2009-07-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [ArticleID] => 206192
                    [Title] => PNOC-EDC earns P1.1-B from overseas deals
                    [Summary] => PNOC Energy Development Corp. reported yesterday that it earned P1.1 billion on third party drilling and consultancy service contracts from June 1996 to December 2002. 


PNOC-EDC chairman and president Sergio Apostol said the revenues came mostly from drilling contracts with Papua New Guinea’s Lihir Management Co. (LMC), Gulf Indonesia and Philippine Geothermal Inc. (PGI) 


Apostol said the figures show an average 10-percent yearly increase in the geothermal firm’s drilling income. 


                    [DatePublished] => 2003-05-15 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 189198
                    [Title] => PNOC unit eyes geothermal contract in PNG
                    [Summary] => PNOC-Energy Development Corp. (EDC) is bidding for the drilling contract of 11 more wells and construction of a geothermal power plant in Papua New Guinea (PNG).


EDC chairman and president Sergio Apostol said it would offer its expertise to Papua Guinea’s premier geothermal company, Lihir Management Co. (LMC), to construct and operate geothermal power plants in the country.


                    [DatePublished] => 2002-12-25 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 146893
                    [Title] => PNOC unit in talks with foreign power firms over $120-M wind farm project
                    [Summary] => The PNOC-Energy Development Corp., a subsidiary of government-owned Philippine National Oil Co. (PNOC), has started talks with two foreign power firms for a feasibility study for the second and third phases of its $120-million wind farm project.


Sergio Apostol, PNOC-EDC chairman and chief executive officer, said they are tapping NEG Micon of Denmark and Nordik Co. of Sweden to undertake the feasibility study on the next two phases of the project.


                    [DatePublished] => 2002-01-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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LIHIR

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                    [ArticleID] => 748115
                    [Title] => EDC extends PNG contract
                    [Summary] => 
Lopez-owned Energy Development Corp. (EDC) has extended anew its contract with Lihir Gold Ltd. Papua New Guinea to Dec. 31, 2012, a company report to the Philippine Stock Exchange said.
                    [DatePublished] => 2011-11-16 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 488612
                    [Title] => EDC inks $15-million drilling contract with PNG firm
                    [Summary] => 
Energy Development Corp. (EDC) has entered into a new drilling contract with Lihir Gold Ltd. (LGL) of Papua New Guinea (PNG) worth $15 million.
                    [DatePublished] => 2009-07-22 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 206192
                    [Title] => PNOC-EDC earns P1.1-B from overseas deals
                    [Summary] => PNOC Energy Development Corp. reported yesterday that it earned P1.1 billion on third party drilling and consultancy service contracts from June 1996 to December 2002. 


PNOC-EDC chairman and president Sergio Apostol said the revenues came mostly from drilling contracts with Papua New Guinea’s Lihir Management Co. (LMC), Gulf Indonesia and Philippine Geothermal Inc. (PGI) 


Apostol said the figures show an average 10-percent yearly increase in the geothermal firm’s drilling income. 


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                    [ArticleID] => 189198
                    [Title] => PNOC unit eyes geothermal contract in PNG
                    [Summary] => PNOC-Energy Development Corp. (EDC) is bidding for the drilling contract of 11 more wells and construction of a geothermal power plant in Papua New Guinea (PNG).


EDC chairman and president Sergio Apostol said it would offer its expertise to Papua Guinea’s premier geothermal company, Lihir Management Co. (LMC), to construct and operate geothermal power plants in the country.


                    [DatePublished] => 2002-12-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 146893
                    [Title] => PNOC unit in talks with foreign power firms over $120-M wind farm project
                    [Summary] => The PNOC-Energy Development Corp., a subsidiary of government-owned Philippine National Oil Co. (PNOC), has started talks with two foreign power firms for a feasibility study for the second and third phases of its $120-million wind farm project.


Sergio Apostol, PNOC-EDC chairman and chief executive officer, said they are tapping NEG Micon of Denmark and Nordik Co. of Sweden to undertake the feasibility study on the next two phases of the project.


                    [DatePublished] => 2002-01-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

EDC extends PNG contract

By Donnabelle L. Gatdula | November 16, 2011 - 12:00am

Lopez-owned Energy Development Corp. (EDC) has extended anew its contract with Lihir Gold Ltd. Papua New Guinea to Dec. 31, 2012, a company report to the Philippine Stock Exchange said.

Business

EDC inks $15-million drilling contract with PNG firm

By Donnabelle L. Gatdula | July 22, 2009 - 12:00am

Energy Development Corp. (EDC) has entered into a new drilling contract with Lihir Gold Ltd. (LGL) of Papua New Guinea (PNG) worth $15 million.

Business

PNOC-EDC earns P1.1-B from overseas deals

May 15, 2003 - 12:00am

PNOC Energy Development Corp. reported yesterday that it earned P1.1 billion on third party drilling and consultancy service contracts from June 1996 to December 2002. PNOC-EDC chairman and president Sergio Apostol...

Business

PNOC unit eyes geothermal contract in PNG

By Donnabelle L. Gatdula | December 25, 2002 - 12:00am

PNOC-Energy Development Corp. (EDC) is bidding for the drilling contract of 11 more wells and construction of a geothermal power plant in Papua New Guinea (PNG). EDC chairman and president Sergio Apostol said it...

Business

PNOC unit in talks with foreign power firms over $120-M wind farm project

By Donnabelle L. Gatdula | January 13, 2002 - 12:00am

The PNOC-Energy Development Corp., a subsidiary of government-owned Philippine National Oil Co. (PNOC), has started talks with two foreign power firms for a feasibility study for the second and third phases of its...

Business