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TAIWAN'S CPC TO BID ON POTENTIAL OIL FIELDS IN NORTHERN PERU.

AsiaPulse News

| June 02, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

PANAMA CITY, June 2 Asia Pulse - The state-owned oil refiner CPC Corp., Taiwan is planning to bid on 17 blocks of land in northern Peru thought to have extensive oil reserves, according to Taiwan's representative to Peru Huang Lien-sheng.

Peru's state oil company Petroperu has invited companies from around the world to participate in an international tender for the 17 blocks of land on Sept. 10, the report said.

CPC decided to participate in the tender in view of its 20 to 30 years of experience in overseas oil exploration and the belief among CPC ...

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