Philodrill celebrates its 40th year (1969-2009) in petroleum exploration industry!

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40 years

in the petroleum industry

 
Participating Interests (as of August 31, 2009)
 
Service Contract 6-A (Octon)   Service Contract 6 (Cadlao)

Company

Interest

 

 

Vitol GPC*

0.00%

The Philodrill Corporation  (Operator)

44.430

PetroEnergy Resources Corporation

16.670

Anglo Philippine Holdings Corp.

11.110

TransAsia Oil & Energy Development Corp.

7.780

Vulcan Industrial & Mining Corp.

7.220

Forum Energy Philippines Corp.                    

5.560

Philex Mining Corporation

5.560

Alcorn Gold Resources & Minerals Corp.                                     

1.670

 

100.00%

  * Vitol GPC to earn interest upon exercise of option

 

 

Company

Interest

 

 

Blade Petroleum                                   

80.000

Venturoil

20.000

100.00%  

Revenue Interest (of Gross)

Philex Mining 

1.650000

Trans-Asia Oil & Energy Development Corp.  

1.650000

The Philodrill Corporation      

1.650000

                     

4.950000

 

100.00%

* DOE approved farm-in of Blade on Sept. 4, 2008  
 

 

 

   
Service Contract 6-B (Bonita)   Service Contract 14-A (Nido)

Company

Interest

 

 

Phoenix Gas & Oil Exploration Company, Inc.                                   

28.125

The Philodrill Corporation

21.875

Oriental Petroleum & Minerals Corporation         

14.063

Trans-Asia Oil & Energy Development Corp.

14.063

Nido Petroleum

7.812

Forum Energy Philippines Corporation       

7.031

Alcorn Gold Resources & Minerals Corp.                       

7.031

 

100.00%

 

Company

Interest

 

 

Oriental Petroleum & Minerals Corporation         

42.940

The Philodrill Corporation (Operator)

26.106

Nido Petroleum

22.486

Forum Energy Philippines Corp.      

8.468

 

100.00%

 

 

 

   
Service Contract 14-B (Matinloc)   Service Contract 14-B1 (North Matinloc)

Company

Interest

 

 

The Philodrill Corporation

41.608

Nido Petroleum

28.283

Oriental Petroleum & Minerals Corporation         

17.703

Forum Energy Philippines Corp.       

12.406

 

100.00%

 

Company

Interest

 

 

The Philodrill Corporation

33.111

Oriental Petroleum & Minerals Corporation         

27.772

Forum Energy Philippines Corp.       

19.463

Alcorn Gold Resources & Mineral Corp.

13.551

Trans-Asia Oil & Energy Development Corp.

6.103

 

100.00%

     
Service Contract 14-C1 (Galoc)   Service Contract 14-C2 (West Linapacan)

Company

Interest

 

 

 

 

Galoc Petroleum Corporation  

59.84473

Nido Petroleum

22.87952 

Oriental Petroleum & Minerals Corporation      

7.78505

The Philodrill Corporation

7.21495

Forum Energy Philippines Corp.

2.27575

 

100.00%

 

 

 

Company

Interest

 

 

Pitkin Petroleum

58.29075

Nido Petroleum

22.27900

Oriental Petroleum & Minerals Corporation

7.57200

The Philodrill Corporation

7.01750

Forum Energy Philippines Corp.

2.27575

Alcorn Gold Resources & Mineral Corp.

1.53075

PetroEnergy Resources Corporation

1.03425

 

100.00%

 

     
Service Contract 14-D1 (Retention Block)   Service Contract 41 (Sulu Sea)

Company

Interest

 

 

The Philodrill Corporation

33.751

Nido Petroleum

31.417

Oriental Petroleum & Minerals Corporation         

20.829

Forum Energy Philippines Corp.

8.168

Alcorn Gold Resources & Mineral Corp.

5.835

 

100.00%

 

 

 

Company

Interest

 

Tap Oil Pty. Ltd. 50.000
Salamander Energy 35.000
Oriental Petroleum & Minerals Corporation 5.463

The Philodrill Corporation

3.398

Philex Mining Corporation

2.264

Anglo Philippine Holdings Corp.

1.679

South China Resources Corporation

1.090

Southwest

0.608

Universal Robina Corporation

0.498

 

  100.00%

     
Service Contract 53 (Onshore Mindoro)   SWAN Block (NW Palawan)

Company

Interest

 

 

Pitkin Petroleum

70.000

Philodrill Corporation

22.000

Anglo Philippine Holdings

5.000

Basic Consolidated

3.000

 

100.00%

 * DOE approved the Pitkin farm-in on June 11, 2008  
 

Company

Interest

 

 

Anglo Philippine Holdings Corp.

33.578

The Philodrill Corporation

32.975

Forum Energy

15.941

Vulcan Industrial & Mining Corp.

12.578

South China Resources, Inc.

3.303

Southwest

1.625

 

100.00%

 * will negotiate participation in SCs 57 and 58

TARA Block

   

Company

Interest

 

 

TransAsia Oil % Energy Development

22.500

The Philodrill Corporation

22.500

PGO 22.500
Forum Energy

10.000

Oriental Petroleum & Mineral Corporation 10.000
Seafront 5.000
Vulcan Industrial & Mining Corp.

5.000

Anglo Philippine Holdings Corp. 2.500

 

100.00%

 

 

 

   
 
 

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