|
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%
|
|
|
|
|
|
|