- Business Type:
HOLDING FIRMS
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3/F Low Rise Pacific Star Bldg., Sen. Gil Puyat Ave. cor. Makati Ave.,Makati City.
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892-2049; 812-2383
SOUTH CHINA RESOURCES, INC.
Founded in 1992, the organization primarily focuses on oil and gas exploration. With an initial commitment to developing these resources, it diversified into banking and telecommunications in 1995 to strengthen its portfolio. In 2003, a strategic shift was approved by the Securities and Exchange Commission, transforming the company into a holding firm. Despite this transition, it retains a keen interest in oil exploration activities across various sedimentary basins in the Philippines, with significant stakes in regions such as the Sulu Sea and Palawan.
The firm's proactive approach includes ongoing assessments of its exploration areas, which also extend to the Offshore Cuyo Platform and other promising sites within East and NW Palawan. Although the company has yet to realize production or sale of crude oil or gas, it is poised to establish a wholly-owned subsidiary to manage its oil exploration assets more effectively. With a strong foundation in resource management and investment diversification, the organization continues to navigate the evolving landscape of the Philippine energy market.