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Oriental Petroleum and Minerals Corporation
| Oriental Petroleum and Minerals Corporation (OPM) was incorporated on December 22, 1969 with the purpose of exploring, developing and producing petroleum and mineral resources in the Philippines. As an exploration company, OPM's operational activities depend mainly on its service contracts (SCs) with the government. The Company's petroleum revenues and production are derived from SC 14 contact area. SC 14 is composed of four blocks, namely, Block A (Nido), Block B (Matinloc), Block C (Galoc and West Linapacan), and Block D (retention area). West Linapacan and Block D are non-producing areas. West Linapacan is currently under evaluation for re-activation after it was shut-in in 1995 due to water intrusion, while Block D is designated as the retention block. OPM has three wholly-owned subsidiaries namely, Oriental Mahogany Woodworks, Inc. (OMWI), Linapacan Oil Gas and Power Corporation (LOGPOCOR), and Oriental Land Corporation (OLC). Source: SEC Form 17-A (2023) |
| Sector | Mining and Oil |
|---|---|
| Subsector | Oil |
| Corporate Life | 50 |
| Incorporation Date | Dec 22, 1969 |
| Number of Directors | 11 |
| Stockholders' Meeting as per By-Laws | Per By-Laws: May-last working day at 3 pm and not later than June - last working day; For 2011: 07 July 2011, Record Date: 18 May 2011, Circ. No. 4358-2011 |
| Fiscal Year | 12/31 (Month/Day) |
| External Auditor | Mendoza Tugano & Co., CPAs |
| Transfer Agent | BDO Unibank, Inc. - Trust and Investments Group |
| Business Address | 40/F c/o JG Summit, Robinson`s Equitable Tower, ADB Ave., Ortigas Center, Pasig City 1600 |
|---|---|
| E-mail Address | [email protected] |
| Telephone Number | (632) 8633-7631 locals 278 and 281 |
| Fax Number | 395-2586 |
| Website | http://www.opmc.com.ph |
