SATURDAY |JUNE 14, 2008 | PHILIPPINES

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Million dollar-a-day-project. Greenlee briefs Arroyo on exploration project.

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Free Ces, Jimmy, appeal families
Negotiator says no ransom paid for companion

BY RAYMOND AFRICA

THE families of ABS-CBN anchor Ces Drilon and her cameraman Jimmy Encarnacion who are being held in a bandit lair in Sulu yesterday appealed for their release.

The appeal was made following the release of assistant cameraman Angelo Valderama Thursday night.

"We, the families of Ces Drilon and Jimmy Encarnacion are happy and deeply relieved that Angelo (Valderama) has been freed. We appeal to the kidnappers to also immediately release Ces and Jimmy as an act of compassion and humanity," the families said in a statement.

Full Story...


2 Marines released by MILF

BY VICTOR REYES

TWO Marines abducted in Basilan Wednesday were released yesterday without any conditions, said Lt. Col. Leonard Vincent Teodoro, commander of the 7th Marine Battalion Landing Team.

Teodoro said Corporals Jessie Duatin and Bernie Alcabasa were freed around 12:10 a.m. at Makalang village in Al Barkah town through Hadja Raiza Masud, a sister of the Moro Islamic Liberation Front commander Malat Sulaiman alias Long Masud.

Military officials on Thursday said Sulaiman initially offered to exchange the two Marines for his nephew, Salim Ali Masud, who was arrested by security forces last week in Lamitan City for the ambush last July in Tipo-tipo town that left 14 Marines dead, 10 of them beheaded.

 Full Story...


Exxon to drill for oil
in Sulu next year

BY JOCELYN MONTEMAYOR

EXXON Mobil Corporation will start drilling oil in Sulu in 2009, Stephen Greenlee, vice president of Exploration and Production, said after a courtesy call on President Arroyo yesterday.

Greenlee said his company is "very encouraged by the prospects" in the Philippines and is prepared to spend "several billions of dollars" in developing oil fields in Sulu.

Energy Secretary Angelo Reyes said the entry of Exxon is a major milestone in the oil exploration and development efforts in the Philippines.

Full Story..

 

 
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OPINION
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BY PHILIP S. CHUA M.D

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Tearful send-off to Daboy

LIVING

Chocolate treats for dad

 Peso

$1=44.475
 



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