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A S 0 9 4 - 0 0 8 8 8 0 SEC Registration Number P E T R O E N E R G Y R E S O U R C E S C O R P O R A T I O N (Company’s Full Name) 7 T H F L O O R J M T B U I L D I N G A D B A V E N U E O R T I G A S C E N T E R P A S I G C I T Y (Business Address: No. Street City/Town/Province) LOUIE MARK R. LIMCOLIOC 88637-2917 (Contact Person) (Company Telephone Number) 1 2 3 1 SEC 17C Mont h Day Mont h Day (Fiscal Year) (Annual Meeting) (Secondary License Type, If Applicable) Dept. Requiring this Doc. Amended Articles Number/Section Total Amount of Borrowings Total No. of Stockholders Domestic Foreign To be accomplished by SEC Personnel concerned File Number LCU Document ID Cashier
S T A M P S
COVERSHEET
SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. April 1, 2024 Date of Report (Date of earliest event reported) 2. SEC Identification Number: AS094-08880 3. BIR Tax Identification Number: 004-471-419-000 4. PETROENERGY RESOURCES CORPORATION Exact name of issuer as specified in its charter 5. Metro Manila, Philippines 6. (SEC Use Only) Province, country or other jurisdiction of incorporation Industry Classification Code: 7. 7F JMT BUILDING, ADB AVE., ORTIGAS CENTER, PASIG CITY 1605 Address of principal office Postal Code 8. (632) 86372917 Issuer's telephone number, including area code 9. N/A 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 Common stock Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding 568,711,842 shares 7F JMT Building, ADB Avenue, Ortigas Center, Pasig City 1600, Metro Manila, Philippines Tel: (+632) 8637-2917 Fax: (+632) 8634-6066 Visit: www.petroenergy.com.ph Center,
11. Indicate the item numbers reported herein:
Item No. 9 – Other Events
Clarification on News Article:
We submit our reply in compliance with the Philippine Stock Exchange’s request for clarification/conformation with respect to the news articles posted in various online sites on April 1, 2024. In the attached news article entitled “PetroWind’s Aklan wind farm expands: Phase-2 ready for power generation” posted in Bilyonaryo.com, quoted as follows:
“PetroWind Energy Inc. (PWEI), a joint venture between the Yuchengco family’s PetroGreen and Thailand’s BCPG Public Co. Ltd. is on the verge of adding clean energy to the Panay sub-grid.
Phase-2 of its Nabas wind power project in Aklan, a 13.2-megawatt expansion, has secured crucial approvals for energization.
In March 2024, the Independent Energy Market Operator of the Philippines (IEMOP) approved Phase-2’s registration with the Wholesale Energy Spot Market (WESM). This allows the project to sell its electricity through the market.
Following the WESM approval, the National Grid Corporation of the Philippines (NGCP) issued a certificate of approval to connect (CATC) on March 26. This green light permits PWEI to energize their new substation and initiate internal testing of the wind turbines.
With the recent approvals, PWEI can proceed with internal testing and, if successful, grid compliance tests. This paves the way for Phase-2 to export clean energy to the Panay sub-grid.”
In compliance with the Exchange’s directive, PetroEnergy Resources Corporation (PERC) hereby confirms the accuracy of the information contained in the above-mentioned news article.
Regarding the specific inquiries:
1. The application of PetroWind Energy Inc. (PWEI) for registration of its 13.2MW Nabas Wind Power Plant Phase 2 as additional facility has been approved by the Independent Electricity Market Operators of the Philippines (IEMOP) on March 19, 2024.
2. Three (3) out of the six (6) wind turbine generators for the Nabas Phase-2 project are currently undergoing internal testing. Upon successful completion of internal testing, PWEI would be able to secure the Provisional Certificate of Approval to Connect as Generation Company from the National Grid Corporation of the Philippines (NGCP).
3. Upon receiving the Provisional Certificate of Approval to Connect as Generation Company from NGCP, PWEI will commence testing and commissioning of the turbines, facilitating the export of clean and renewable power, and providing much needed power supply to the Panay sub-grid.
4. Successfully exporting power to the grid will bolster the generation income of both PWEI and PERC, further enhancing their contributions to the renewable energy sector and overall energy sustainability efforts.
SIGNATURES
Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused this report to be signed on behalf by the undersigned hereunto duly authorized.
PETROENEGY RESOURCES CORPORATION Issuer
By: Atty. Louie Mark R. Limcolioc Assistant Corporate Secretary Alternate Information Officer Compliance Officer
Date: April 1, 2024
C01841-2024
SEC
1. Date of Report (Date of earliest event reported) Apr 1, 2024 2. SEC Identification Number AS094-08880 3. BIR Tax Identification No. 004-471-419-000 4. Exact name of issuer as specified in its charter PETROENERGY RESOURCES COORPORATION 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 Postal Code 1600 8. Issuer's telephone number, including area code (632) 8637 2917 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
FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
PetroEnergy Resources Corporation
PERC
PSE Disclosure Form 4-13 - Clarification of News Reports
References:SRCRule17(SECForm17-C)and Section4.4oftheRevisedDisclosureRules
Subject of the Disclosure
News articles posted in various online sites on April 1, 2024. In the attached news article entitled “PetroWind’s Aklan wind farm expands: Phase-2 ready for power generation” posted in Bilyonaryo.com. Source
Clarification of News Report
Please see attached SEC Form 17C.
Other Relevant Information
Included the date when the Company received the approval from IEMOP.
Filed on behalf by:
Name Louie Mark Limcolioc
Designation Asst. Corporate Secretary
“PetroWind’s
wind farm expands: Phase-2 ready for power generation”
Bilyonaryo.com Subject of News Report
Aklan
Date of Publication Apr 1, 2024
