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The Company

The Philodrill Corporation was incorporated in 1969 as an oil exploration company with the name Philippine Overseas Drilling and Oil Development Corporation. The company is one of the pioneers in the Philippine oil exploration industry and remains one of the most active.  Early in its long history, the company saw its successful participation in the drilling of several oil discoveries in the offshore Palawan area, the revenues from which fueled the company’s steady growth and profitably through the 70’s and the early 80’s. more info ...

Petroleum Updates (23 February 2016)

Crude oil production from the Galoc Field continues, currently at rate of about 5,700 barrels of oil per day.  Choke openings on 2 of the wells were again increased as part of the ongoing well optimization which was started in mid-December last year. more info ...

Corporate Social Responsibility

"To improve the lives of the people by creating employment, generating revenues for the government at the same time protecting the environment."

Corporate Social Responsibility

AS part of our continuing efforts to uplift the quality of education in our country, the company donated the installation of the roof on the activity field of Our Lady of Lourdes Academy in San Jose del Monte, Bulacan.more info ...

Atty. Augusto B. Sunico - In Memoriam - 1928-2015

AUGUSTO B. SUNICO is a member of the Philippine Bar (1953) and a graduate of Manuel L. Quezon University, where he took up Master of Laws units. His public career began in 1954 with the Central Bank of the Philippines, as Asst. Legal Researcher and eventually became Evaluation Officer of the Import/Export Department until his retirement in 1962. He also served as Secretary to the Hon. Pablo Roman under the 6th Congress of the Philippines from 1965-1968.

Atty. Sunico is a Senior Partner of Sunico, Malabanan & Rana Law Offices. He is currently the President of First Street Acacia Lane Realty, Inc. and Sunico-Cruz Property Holdings, Inc. He also sits in the Board of Anglo Philippine Holdings Corporation (PLC).

Atty. Sunico is a member of the Board of Directors of The Philodrill Corporation.

Latest Disclosures

September 2016

Service Contract Areas

  • SC6A - Octon Area
  • SC6B - Bonita Block
  • SC14A - Nido
  • SC14B - Matinloc
  • SC14B1 - North Matinloc
  • SC14C1 - Galoc
  • SC14C2 - West Linapacan
  • SC14D - Retention Block
  • SC74 - Linapacan
  • Tara Block
  • SC53 - Onshore Mindoro
  • Swan Block
  • Sulu Sea - formerly SC41

For more information on these blocks, go to News / Updates Section of this website

For participating interests of these service contracts, please click here.