PTTEP sets to spend over Bt400 bn in 5 years

 During the 5-year period, the operating expenditures are tuned at Bt115 billion, according to the filing to the Stock Exchange of Thailand. PTTEP is now involved with 42 projects, excluding the ones under Coogee Resources Ltd. PTTEP's acquisition of the Australian company will be complete this month.

 In the period, the company expected the petroleum sale revenue of Bt234 billion in 2009. In the next four years, the revenue would be Bt261.4 billion, Bt261.3 billion, Bt284 billion and Bt293.8 billion, respectively.