PNOC Exploration Corporation (PNOC EC) is the upstream oil and gas subsidiary of the state-owned Philippine National Oil Company (PNOC). Initially starting out as the Exploration Department of PNOC in April 1975, PNOC EC was eventually incorporated as a PNOC subsidiary and registered with the Philippine Securities and Exchange Commission on April 20, 1976. PNOC EC’s shares of stock are 99.78% owned by the Philippine government through PNOC, with the remaining 0.22% held by public shareholders.

Official Website of
The Republic of the Philippines
www.gov.ph
Official Website of
Philippine National Oil Company
www.pnoc.com.ph

Official Website of
The Department of Energy
www.doe.gov.ph

 

PNOC EC looks for Partners in SC 59
March 31, 2008

PNOC Exploration Corporation is currently in search for a joint venture partner to pursue its exploration program in its Service Contract 59.

Geological Society of the Philippines Holds its Annual Convention
December 4, 2007

The Geological Society of the Philippines (GSP) will be holding its annual Geological Convention (GEOCON 2007) from December 5 to 7, 2006 at the Bahia Room of the Intercontinental Hotel Makati City. This years theme is entitled, Capitalizing on Geology: Fostering Socio Economic Progress.

PNOC EC Posts PhP 2.6 billion Net Income for 2006
May 25, 2007
PNOC Exploration Corporation, the upstream petroleum and coal arm of state-owned Philippine National Oil Company, posted a net income of PhP 2.6 billion for 2006, 95.6% of which comes from its 10% interest in the Malampaya Projec