Our Business

Seafront Resources Corporation (SPM) was originally incorporated on April 16, 1970 as an oil exploration and production company. On October 18, 1996, the Company changed its primary purpose into a holding company, with oil exploration and production business as one of its secondary purposes.

SPM holds an interest in Hermosa Ecozone Development Corporation, a company that develops certain land areas for mixed-use purposes in Bataan.

On August 14, 2015, the Company and YH Energy, Inc. (YHEI) signed a lease agreement for 25 years at a lease rate of P10 million per annum subject to escalation of 10% every five years for a total of 25 hectares. YHEI will use the property for its solar project.