AS094-008880 SECRegistration Number PETROENERGY RESOURCES CORPORATION (Company’sFullName) 7TH FLOOR JMT BUILDING ADB AVENUE ORTIGAS CENTER PASIG CITY (BusinessAddress:No.StreetCity/Town/Province) KEELACHERNARR.DINOY 8637-2917 (ContactPerson) (Company TelephoneNumber) 12 31 17C Month Day Month Day (FiscalYear) (AnnualMeeting) (SecondaryLicenseType,IfApplicable) Dept.RequiringthisDoc. AmendedArticlesNumber/Section TotalAmountofBorrowings TotalNo.ofStockholders Domestic Foreign Tobeaccomplished bySECPersonnelconcerned FileNumber LCU DocumentID Cashier STAMPS Remarks:PleaseuseBLACKink forscanningpurposes.
COVERSHEET
C07735-2021
SEC FORM 17-C
REPORT UNDER SECTION 17 OF THE SECURITIES
CODE
1. Date of Report (Date of earliest event reported) Nov 15, 2021 2. SEC Identification Number ASO94-08880 3. BIR Tax Identification No. 004-471-419-000 4. Exact name of issuer as specified in its charter PETROENERGY RESOURCES CORPORATION 5. Province, country or other jurisdiction of incorporation METRO MANILA, PHILIPPINES 6. Industry Classification Code(SEC Use Only) 7. Address of principal office 7F JMT BUILDING, ADB AVE., ORTIGAS CENTER, PASIG CITY 1605 Postal Code 1605 8. Issuer's telephone number, including area code (632) 86372917 9. Former name or former address, if changed since last report --10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding COMMON 568,711,842 11. Indicate the item numbers reported herein Item No. 9 TheExchangedoesnotwarrantandholdsnoresponsibilityfortheveracityofthefactsandrepresentationscontainedinallcorporate disclosures,includingfinancialreports.AlldatacontainedhereinarepreparedandsubmittedbythedisclosingpartytotheExchange, andaredisseminatedsolelyforpurposesofinformation.Anyquestionsonthedatacontainedhereinshouldbeaddresseddirectlyto theCorporateInformationOfficerofthedisclosingparty.
SECURITIES AND EXCHANGE COMMISSION
CURRENT
REGULATION
AND SRC RULE 17.2(c) THEREUNDER
PetroEnergy Resources Corporation
PERC
PSE Disclosure Form ETF-12- Material Information/Transactions
Reference:Section6oftheRulesonExchangeTradedFunds
Subject of the Disclosure
PetroEnergy’s Group 3Q Net Income Up by 38%
Background/Description of the Disclosure
Please see attached.
Other Relevant Information
Filed on behalf by: Name Keel Achernar Dinoy
Alternate Information Officer
Designation
PetroEnergy’s Group 3Q Net Income Up by38%
PetroEnergyResourcesCorporation’s(PERC)3rd quarter2021consolidated net income improved by 38% to P158MM from P115MM over the same periodlast year. Net incomeattributedto equity holdersofPERC jumpedby 115% to P89MM from P41MM in 3Q 2020.
PERC,amemberoftheYuchengcoGroupofCompanies(YGC),isengaged in petroleum exploration and production in Gabon, West Africa and renewableenergy(RE)developmentinthePhilippines. PERC’sREholding unit, PetroGreen Energy Corporation (PGEC), operates five power stations in the country through three operating companies – the 32MW Maibarara geothermal project by Maibarara Geothermal Inc., the 70MW Tarlac solar project by PetroSolar Corporation, and the 36 MW Nabas-1 wind project by PetroWind Energy Inc.
PERC’s consolidated net income as of 3rd quarter 2021 has reached P544MM, 30% higher than last year’s P417MM while net income attributed toequityholdersofPERCalsoincreasedby60%fromP203MMtoP323MM. Driving the significant increase in profits were the rise in crude oil price over the same period from US$ 43.22/bbl to US$ 72.86/bbl and higher electricity sales from its Tarlac solar and Nabas wind power plants.
7F JMT Building, ADB Avenue, Ortigas Center, PasigCity 1600, Metro Manila, Philippines Tel: (+632) 8637-2917 Fax: (+632) 8634-6066 Visit: www.petroenergy.com.ph