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                    [Title] => PNOC-EC’s 10% stake in Malampaya under review
                    [Summary] => More than four Asian exploration firms are set to conduct within the month their due diligence review in relation to the partial privatization of PNOC-Exploration Corp.’s 10-percent equity in the $4.5-billion Malampaya project. 


PNOC president Thelmo Cunanan said these firms will sign confidentiality agreements anytime soon with EC. 


Cunanan said the signing of the agreement signifies the keen interest of these Asian firms to join in the privatization efforts of EC’s shares. 


                    [DatePublished] => 2003-10-09 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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PERTAMINA AND THAI NATIONAL OIL

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                    [Title] => PNOC-EC’s 10% stake in Malampaya under review
                    [Summary] => More than four Asian exploration firms are set to conduct within the month their due diligence review in relation to the partial privatization of PNOC-Exploration Corp.’s 10-percent equity in the $4.5-billion Malampaya project. 


PNOC president Thelmo Cunanan said these firms will sign confidentiality agreements anytime soon with EC. 


Cunanan said the signing of the agreement signifies the keen interest of these Asian firms to join in the privatization efforts of EC’s shares. 


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PNOC-EC’s 10% stake in Malampaya under review

By Donnabelle L. Gatdula | October 9, 2003 - 12:00am

More than four Asian exploration firms are set to conduct within the month their due diligence review in relation to the partial privatization of PNOC-Exploration Corp.’s 10-percent equity in the $4.5-billion...

Business