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VCSC Daily - Real estate sparks rally - GAS, PLX

GAS: agrees to gas field stake for first time. Last Friday, GAS and PetroVietnam Exploration and Production Corporation (PVEP) signed a principle agreement for cooperation in developing White lion – phase 2 gas field project, Block 15-1, Cuu Long basin. The current shareholders of White Lion include: PetroVietnam and PVEP - 50% stake, ConocoPhillips - 23.25%, KNOC - 14.25%, SK Corporation - 9% and Geopetrol Vietnam - 3.5%.