Extension of petroleum exploration concession conversion

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PRESIDENTIAL DECREE No. 987: Extension of petroleum exploration concession conversion

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Title Supreme Court: Extension of petroleum exploration concession conversion

Law: Presidential Decree No. 987

Decision Date: Aug 25, 1976

An amendment to Presidential Decree No. 782 extends the deadline for converting valid and subsisting Petroleum Exploration Concessions (PECs) and published Petroleum Exploration Concession Applications (PECAs) to service contracts in order to promote the discovery and production of indigenous petroleum in the Philippines.

amendment

presidential decree

petroleum exploration concessions

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