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THE PHILODRILL CORPORATION

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Participating Interests (as of January 2012)
Service Contract 6-A (Octon)   Service Contract 6-B (Bonita) 1, 2

Company

Interest

 

 

Pitkin Petroleum Plc.
70.000

The Philodrill Corporation

15.495

PetroEnergy Resources Corporation

5.001

Anglo Philippine Holdings Corp.

3.333

TransAsia Oil & Energy Development Corp.

2.334

Forum Energy Philippines Corp.                    

1.668

Philex Petroleum

1.668

Alcorn Gold Resources & Minerals Corp.                                     

0.501

 

100.00%

 

Company

Interest

 

 

Peak Oil and Gas
32.26580
Blade Petroleum
19.35948
VenturOil
12.90632

Phoenix Gas & Oil Exploration

8.43750

Nido Petroleum
7.81200

The Philodrill Corporation

6.56250

Oriental Petroleum & Minerals Corporation         

4.21890

Trans-Asia Oil & Energy Development Corp.

4.21890

Forum Energy Philippines Corporation       

2.10930

Alcorn Gold Resources Corporation   

2.10930

 

100.00%

    1 subject to DOE approval
    2 Phoenix Gas 100% controlled by Philodrill
     
Service Contract 14-A (Nido)   Service Contract 14-B (Matinloc)

Company

Interest

Oriental Petroleum & Minerals Corporation

42.940

The Philodrill Corporation

26.106

Nido Petroleum

22.486

Forum Energy Philippines Corp.      

8.468

 

100.00%

 

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%

     
Service Contract 14-B1 (North Matinloc)   Sulu Sea (formerly SC41)

Company

Interest

 

The Philodrill Corporation

33.111

Oriental Petroleum & Minerals Corporation         

27.772

Forum Energy Philippines Corp.       

19.463

Alcorn Gold Resources Corp.

13.551

Trans-Asia Oil & Energy Devt Corp.

6.103

 

100.00%

 

 

Philodrill to join the bid round

     
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

29.145375

RMA Pty. Ltd.
29.145375
Nido Petroleum

22.279000

Oriental Petroleum / Logpocor

7.572000

The Philodrill Corporation

7.017500

Forum Energy Philippines Corporation

2.275750

Alcorn Gold Resources Corporation

1.530750

PetroEnergy Resources Corporation

1.034250

 

100.00%

 

     
Service Contract 14-D (Retention Block)   TARA Block

Company

Interest

 

 

The Philodrill Corporation

33.751

Nido Petroleum

31.417

Oriental Petroleum & Minerals Corporation         

20.829

Forum Energy Philippines Corporation

8.168

Alcorn Gold Resources Corporation

5.835

 

100.00%

 

 

Company

Interest

 

 

The Philodrill Corporation

27.500

TransAsia Oil and Energy Development 22.500
Phoenix Gas & Oil 22.500
Forum Energy

10.000

Oriental Petroleum & Mineral Corporation 10.000
Seafront 5.000
Anglo Philippine Holdings Corp. 2.500

 

100.00%

     
     
     
Service Contract 53 (Onshore Mindoro)   SWAN Block (NW Palawan) 3
    Unified Participating Interests

Company

Interest

Pitkin Petroleum

35.000

RMA Pty. Ltd.
35.00
The Philodrill Corporation

22.000

Anglo Philippine Holdings Corporation

5.000

Basic Consolidated

3.000

 

100.00%

 

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%

    3 will negotiate participation in SCs 57 and 58
 

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