THE PHILODRILL CORPORATION

Philodrill is a diversified company, it continues to focus on its core business which is petroleum exploration and production. Since 2004, Philodrill profitably operates three marginal fields located off Northwest Palawan and is also a partner in the Galoc Field which remains as the largest oil producing field in the Philippines. The company also has in its portfolio other exploration contracts that cover the more prospective areas of the country. To sustain profitability, the company also maintains investments in other companies engaged in mining, infrastructure and financial services.