PetroEnergy Resources Corporation

PetroEnergy Resources Corporation (PetroEnergy) is a Philippines-based oil exploration company. The company is engaged in oil exploration, development and mining activities. The firm operates in four segments: oil production, geothermal energy, wind energy and other activities. The oil production segment is engaged in the oil and mineral exploration, development and production. The geothermal energy segment develops and operates geothermal steam fields and power plants. The wind energy segment carries out the general business of generating, transmitting, and/or distributing power derived from wind energy sources. Its other activities pertain to activities from holding company and others. The principal properties of the company consist of various oil areas located in the Philippines and in Gabon. Its petroleum production is in the Etame (Gabon) concession. Its other Philippines properties are in advance exploration-stages or pre-development stages.