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Risk Management Policy

Philodrill is a petroleum exploration and production company, with a diversified portfolio of assets. We provide services that consistently meet customer requirements and expectations. Our right to operate and our reputation as a publicly-listed company wholly depends upon our adherence to the prevailing laws, regulations and technical & industry standards.

In addition to the prevailing laws, regulations and technical & industry standards, Philodrill’s management has a focused obligation to manage the risks inherent to its business. This, coupled with individual leadership and accountability empowers the Company to operate profitably while promoting its Risk Management Policy.

Enterprise Risk Management Framework


Service Contract Areas

  • SC6B - Bonita Block
  • SC14C1 - Galoc
  • SC14C2 - West Linapacan
  • SC74 - Linapacan
  • SC53 - Onshore Mindoro

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

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