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The Company

The Philodrill Corporation was incorporated in 1969 as an oil exploration company with the name Philippine Overseas Drilling and Oil Development Corporation. The company is one of the pioneers in the Philippine oil exploration industry and remains one of the most active.  Early in its long history, the company saw its successful participation in the drilling of several oil discoveries in the offshore Palawan area, the revenues from which fueled the company’s steady growth and profitably through the 70’s and the early 80’s. more info ...

Petroleum Updates (as of 30 March 2018)

Galoc Field production in 2017 totaled 1.46 MM barrels which was consistent with the full-year forecast of 1.5 MM barrels.  Despite the unstable crude prices, production continues averaging 3,500 barrels of oil per day.  To date, the field had completed fifty-nine (59) shipments.  Repeat buyers SK Energy and Thai Oil were the buyers last year. more info

Corporate Social Responsibility

"To improve the lives of the people by creating employment, generating revenues for the government at the same time protecting the environment."

Corporate Social Responsibility

AS part of our continuing efforts to uplift the quality of education in our country, the company donated the installation of the roof on the activity field of Our Lady of Lourdes Academy in San Jose del Monte, Bulacan.more info ...

The Philodrill Corporation

2019 Annual Stockholders' Meeting

19 June 2019 The Legend Villas, Banahaw Rom 60 Pioneer Street cor Madison Street Mandaluyong City, Philippines
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2018 Annual Report Magazine