Profile: Oriental Petroleum and Minerals Corp (OPM.PS)

OPM.PS on Philippine Stock Exchange

0.02PHP
24 Oct 2014
Price Change (% chg)

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Volume
6,000,000
Avg. Vol
55,285,000
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Oriental Petroleum and Minerals Corporation (OPMC) is engaged in exploration, development and production of petroleum and mineral resources in the Philippines. The Company, together with other oil exploration companies, has entered into a service contract with the Philippine Government, through the Department of Energy (DOE), for the exploration, development and exploitation of certain contract areas situated in offshore Palawan. The Company's petroleum revenues and production and related expenses are derived from SC 14. SC 14 is composed of four blocks, Block A (Nido), Block B (Matinloc), Block C (Galoc and West Linapacan) and Block D, which are situated offshore northwest of Palawan Island and west of Busuanga Island, Philippines. The Company’s subsidies include Oriental Mahogany Woodworks, Inc., Linapacan Oil Gas And Power Corporation and Oriental Land Corporation.

Company Address

Oriental Petroleum and Minerals Corp

34th Floor, Rbnsns-Eqtble Twr,Or
ADB Avenue corner Poveda Street
PASIG     1600
P: +632.3952531
F: +632.3952586

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