The term "Pene" seems to be a misspelling or a term not widely recognized in the context of Philippine cinema. It's possible there might be confusion with another term. Nonetheless, focusing on the broader category of Pinoy movies from the 80s:
"Sabik" was notable not only for its gripping storyline but also for its technical proficiency. The film's action sequences, choreographed by Estregan himself, were lauded for their intensity and realism. The movie's cinematography and editing were also praised for their contribution to the overall tension and excitement of the film. pinoy pene movies ot 80s sabik george estregan full
The acronym in your keyword likely refers to "Overtime" —a common term in the 80s film industry for night shows or "midnight screenings." During the "OT" slots, censorship rules loosened. The MTRCB (Movie and Television Review and Classification Board) was strict for 7 PM shows, but by 10 PM or midnight, the "OT" cut of a film would include the nude scenes that were trimmed from the daytime version. The term "Pene" seems to be a misspelling