PTT Exploration and Production Public Company Limited (OTCMKTS:PEXNY), commonly referred to as PTTEP, is a Thailand‐based upstream exploration and production company specializing in the development, extraction and sale of crude oil, natural gas and condensate. As a wholly owned subsidiary of PTT Public Company Limited, PTTEP is tasked with securing long‐term energy resources to support both domestic demand and international markets. The company’s core activities encompass seismic surveys, drilling operations, reservoir management and production facilities engineering.
PTTEP maintains a diversified portfolio of hydrocarbon assets across Asia Pacific, the Middle East, Africa and the Americas. In Thailand, it operates key offshore and onshore fields, including the Gulf of Thailand assets and land‐based blocks in the northeast region. Internationally, the company holds interests in projects such as deepwater developments in the Gulf of Mexico, gas ventures in Australia, exploration blocks in Vietnam and Myanmar, and upstream stakes in Oman and Algeria. This geographic diversification helps PTTEP balance production profiles and mitigate country‐specific risks.
Founded in 1985 as a subsidiary to develop Thailand’s hydrocarbon reserves, PTTEP was listed on the Stock Exchange of Thailand in 1993 before extending its share trading to international over‐the‐counter markets under the symbol PEXNY. The company is led by Mr. Kongpop Chuaychoo, who serves as President and Chief Executive Officer, overseeing strategic initiatives including digital field optimization and a gradual shift toward lower-carbon energy solutions. PTTEP continues to pursue innovation in reservoir technology and sustainability practices to enhance recovery while minimizing environmental impact.
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