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                    [ArticleID] => 392331
                    [Title] => PNOC unit plans follow-on share offer
                    [Summary] => 




PNOC-Exploration Corp., the oil and gas exploration arm of state-run Philippine National Oil Co., is selling 60 percent of its outstanding shares through a follow-on and secondary offering worth about P3.15 billion in the second half of the year to fund its exploration activities.


PNOC-EC officer-in-charge Rafael Del Pilar said the company is now finalizing the terms of its planned additional issuance of shares to the public.  "We’re ready to do it in 20 weeks," he said.


                    [DatePublished] => 2007-03-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 332824
                    [Title] => Malampaya earnings boost PNOC-EC profit to P2.8B
                    [Summary] => PNOC-EC, the  oil and gas exploration subsidiary of state-run  Philippine National Oil Co. (PNOC), posted a sharp 450 percent increase in its audited net income amounting to P2.8 billion in 2005.


The company said the profit surge can be attributed mainly to its share in earnings  of the Malampaya deepwater gas-to-power project brought about by high oil and gas prices and increased production volume. 


                    [DatePublished] => 2006-04-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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NORTH CALAMIAN AND WEST BALABAC

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                    [ArticleID] => 392331
                    [Title] => PNOC unit plans follow-on share offer
                    [Summary] => 




PNOC-Exploration Corp., the oil and gas exploration arm of state-run Philippine National Oil Co., is selling 60 percent of its outstanding shares through a follow-on and secondary offering worth about P3.15 billion in the second half of the year to fund its exploration activities.


PNOC-EC officer-in-charge Rafael Del Pilar said the company is now finalizing the terms of its planned additional issuance of shares to the public.  "We’re ready to do it in 20 weeks," he said.


                    [DatePublished] => 2007-03-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 332824
                    [Title] => Malampaya earnings boost PNOC-EC profit to P2.8B
                    [Summary] => PNOC-EC, the  oil and gas exploration subsidiary of state-run  Philippine National Oil Co. (PNOC), posted a sharp 450 percent increase in its audited net income amounting to P2.8 billion in 2005.


The company said the profit surge can be attributed mainly to its share in earnings  of the Malampaya deepwater gas-to-power project brought about by high oil and gas prices and increased production volume. 


                    [DatePublished] => 2006-04-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

PNOC unit plans follow-on share offer

By Zinnia B. Dela Peña | March 30, 2007 - 12:00am

PNOC-Exploration Corp., the oil and gas exploration arm of state-run Philippine National Oil Co., is selling 60 percent of its outstanding shares through a follow-on and secondary offering worth about P3.15...

Business

Malampaya earnings boost PNOC-EC profit to P2.8B

By Donnabelle L. Gatdula | April 23, 2006 - 12:00am

PNOC-EC, the oil and gas exploration subsidiary of state-run Philippine National Oil Co. (PNOC), posted a sharp 450 percent increase in its audited net income amounting to P2.8 billion in 2005. The company said...

Business