PNOC Exploration Corp.

Company Profile Vision, Mision, Values Chairman & President's Report Board of Directors & Management

Petroleum E & P Coal E & P Energy Supply Base

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.

VISION | MISSION

Petroleum E & P

Coal E & P

Energy Supply Base

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 Post 28% Increase in Total Equity for 2007

May 8, 2008

PNOC Exploration Corporation, the upstream petroleum and coal arm of the state-owned Philippine National Oil Company has posted a 28% increase in its total equity amounting to PhP 6.75 billion in 2007, a modest improvement from the PhP 5.28 billion it posted in 2006.

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.