Philodrill names new president

MANILA, Philippines - The Philodrill Corp. has announced the appointment of Francisco A. Navarro as its new president effective April 1, 2014. Former president, Alfredo C. Ramos will continue as the company’s chairman.

Navarro, a licensed geologist, has served Philodrill in different capacities through its growing years – first as vice-president for exploration, and recently as executive vice president.

His wealth of knowledge and experience in the Philippine upstream petroleum sector, are expected to serve as his foundations in leading the company towards achieving its vision and mission, and enhancing values to its shareholders. Looking forward, Navarro promises to build up the company’s core competencies in oil exploration and production.

Citing the immense contribution of his predecessor, Navarro said: “We in Philodrill would like to express our utmost gratitude and appreciation to Mr. Ramos for leading the company from its humble beginnings, through its most challenging times, and to its present premier standing among Philippine oil exploration companies.”