PD 87 Section 1

Short title.

Section 1

SECTION 1. Short title. — This Act shall be known and may be cited as “THE OIL EXPLORATION AND DEVELOPMENT ACT OF 1972."

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Other provisions in PD 87

Preamble
Section 2: Declaration of policy.
Section 3: Definition of terms.
Section 4: Government may undertake petroleum exploration and production.
Section 5: Execution of contract authorized in this Act.
Section 6: Nature of service contract.
Section 7: Special stipulation in service contract.
Section 8: Obligations of contractor in service contract.
Section 9: Minimum terms and conditions.
Section 10: Contract areas.

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationPD 87 Section 1 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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