- CEO
- James L. Go
- Full Time Employees
- 17
- Sector
- Energy minerals
- Industry
- Oil & gas production
- Address
- Pasig Philippines
- IPO Date
- Oct 14, 1970
- Business
- Oriental Petroleum and Minerals Corporation is a Philippine upstream energy and resource exploration company primarily engaged in the exploration, development, and production of crude oil, natural gas, and mineral properties. The company operates through two main business segments: Petroleum Operations and Mineral Exploration. Its primary business activities and offerings encompass the exploration, appraisal, and commercial extraction of offshore crude oil and associated hydrocarbons; the acquisition, administration, and farm-in management of petroleum service contracts; geological, geophysical, and seismic data evaluation; reservoir assessment and drilling operations via joint-venture consortiums; and metallic mineral prospect evaluation, including nickel exploration assets. The company holds participating interests in petroleum blocks located primarily in the Northwest Palawan Basin of the Philippines, historically comprising Service Contract 14 (SC 14), which encompassed the Galoc, Nido, Matinloc, and North Matinloc fields, as well as the Cadlao field area. Oriental Petroleum and Minerals Corporation conducts operations through its consolidated subsidiaries, including Linapacan Oil Gas and Power Corporation and Oriental Mahogany Woodworks, Inc. In recent developments, the company, alongside consortium partners led by Nido Petroleum Philippines Pty. Ltd., executed Petroleum Service Contract No. 91 (SC 91) with the Philippine Department of Energy in April 2026, securing a ten-year term for the appraisal, redevelopment, and production of the Cadlao Oil Field following the expiration of SC 6B. Additionally, following the expiration of Service Contract 14C-1 in late 2025, the company concluded its participation in the mature Galoc oil field without seeking a subsequent development and production contract, focusing instead on optimizing its exploration portfolio, advancing the Cadlao redevelopment program under SC 91, and evaluating strategic diversification opportunities in metallic minerals and energy infrastructure. Founded on December 22, 1969, Oriental Petroleum and Minerals Corporation is headquartered in Pasig City, Metro Manila, Philippines, and trades on the Philippine Stock Exchange under the ticker symbols OPM for Class A common shares and OPMB for Class B common shares.