Ranhill schedules first Philippines well

Sept. 7, 2006
Ranhill Eneregy Sdn. Bhd. of Malaysia has scheduled its first Philippines well to start drilling by June 2007.

Offshore staff

KUALA LUMPUR, Malaysia -- Ranhill Eneregy Sdn. Bhd. of Malaysia has scheduled its first Philippines well to start drilling by June 2007.

Randhill received Philippines Department of Energy permission to take over a 90% stake from PhilMal Petroenergy which operates block SC-4 in Cebu Island. The 265,000 ha block is both offshore in Teton and Cebu straits, and onshore Cebu.

9/7/06