About
The Philodrill Corporation is a Philippine-listed energy and resource exploration company with a primary focus on petroleum exploration, development, and production within the country’s offshore and onshore basins. Incorporated in 1969 as the Philippine Overseas Drilling and Oil Development Corporation, it is one of the pioneers of the local oil industry and continues to operate major upstream petroleum projects—including exploration blocks in Northwest Palawan and ongoing offshore ventures—through service contracts with the Philippine government and industry partners. Over time, Philodrill has diversified to hold investments in mining, property development, financial services, and infrastructure while maintaining its core upstream energy role. The company is publicly listed on the Philippine Stock Exchange (PSE: OV) and maintains an established corporate presence in Mandaluyong City, serving institutional investors and industrial partners in the energy sector.