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                    [ArticleID] => 143227
                    [Title] => Eastern Petroleum sets P100-M capex budget
                    [Summary] => Eastern Petroleum Corp. (EPC), one of the country’s new oil players, will spend some P70 million to P100 million for its capital expenditures next year, EPC president Fernando Martinez said yesterday.


In an interview during the EPC’s 5th anniversary celebration, Martinez said the fund would be used to build 30 new service stations in Metro Manila and nearby provinces.


Martinez said the P100 million would be raised through a combination of internally-generated funds and infusion of an additional equity from the stockholders.


                    [DatePublished] => 2001-12-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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SEAOIL AND JETTI DISTRIBUTION SUPPLY INC

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                    [ArticleID] => 143227
                    [Title] => Eastern Petroleum sets P100-M capex budget
                    [Summary] => Eastern Petroleum Corp. (EPC), one of the country’s new oil players, will spend some P70 million to P100 million for its capital expenditures next year, EPC president Fernando Martinez said yesterday.


In an interview during the EPC’s 5th anniversary celebration, Martinez said the fund would be used to build 30 new service stations in Metro Manila and nearby provinces.


Martinez said the P100 million would be raised through a combination of internally-generated funds and infusion of an additional equity from the stockholders.


                    [DatePublished] => 2001-12-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

Eastern Petroleum sets P100-M capex budget

By Donnabelle L. Gatdula | December 11, 2001 - 12:00am

Eastern Petroleum Corp. (EPC), one of the country’s new oil players, will spend some P70 million to P100 million for its capital expenditures next year, EPC president Fernando Martinez said yesterday. In an...

Business