| Gross Proceeds | 100% |
| Less: Cost Recovery (90% of Gross Proceeds or Actual expenses, whichever is lower) | 90.0 |
| Net Proceeds | 10.0 |
| Less : Operator's Fees and Allowances Basic Fee (40%) Special Allowance (30%) |
4.0 |
| Government Share | 3.0 |
Fiscal Legal
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Laws and Issuances Governing Coal Exploration and Development Republic Act No. 7638 "Department of Energy Act of 1992" An act creating the Department of Energy rationalizing the organization and functions of government agencies related to energy and for other purposes Click to view/download PDF file of RA 7638 Presidential Decree No. 972 “The Coal Development Act of 1976” Promulgating an act to promote an accelerated exploration, development, exploitation, production and utilization of Coal Click to view/download PDF file of PD 972 Presidential Decree No. 1174 Amending Presidential Decree No. 972, otherwise known as “The Coal Development Act of 1976” Click to view/download PDF file of PD 1174 BED Circular No. 81-11-10 Guidelines for Coal Operations in the Philippines Click to view/download PDF file of BED Circular No. 81-11-10 BED Circular No. 87-03-001 Providing for guidelines and procedure to implement a program that will allow Small-Scale Coal Mining Click to view/download PDF file of BED Circular No. 87-03-001 Department Circular No. 93-12-10 Guidelines on Posting Performance Bond Guaranty Click to view/download PDF file of DC No. 93-12-10
Department Circular No. DC2012-05-0006 Guidelines on the Accreditation of Coal Traders and Registration of Coal End-Users Click to view/download PDF file of DC2012-05-0006 Department Circular No. DC2014-08-0013 Adopting new mechanisms and procedures in the Registration of all Subcontracts and Agreements entered into by Petroleum Service Contractors under Presidential No. 87, as amended, and Coal Operating Contract Holders under Presidential Decree No. 972, as amended, amending for this purpose Office of Energy Affairs Circular Nos. 82-09-09, 82-09-09, 89-01-02 and 89-08-09 Click to view/download PDF file of DC2014-08-0013 Department Circular No. DC2017-09-0010 Adopting the Philippine Conventional Energy Contracting Program (PCECP) of awarding Coal Operating Contracts (COCs) and creating the Review and Evaluation Committee (REC), repealing for this purpose Department Circular No. DC2014-02-0005 and Department Order No. 2014-08-0017 Click to view/download PDF file of DC2017-09-0010 Department Circular No. DC2018-03-0006 Omnibus Rules and Regulations Governing Tax-Exempt Importations for Petroleum Operations Under Presidential Decree No. 87, as amended and Coal Operations Under Presidential Decree No. 972, as amended Click to view/download PDF file of DC2018-03-0006 Department Circular No. DC2018-12-0028 Coal Mine Safety and Health Rules and Regulations Click to view/download PDF file of DC2018-12-0028
For more Coal laws and issuances, click DOE Compendium of Energy Laws, Circulars and Other Issuances, Volume 2 to view/download PDF file |
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