PETROENERGY RESOURCES CORPORATION - Pasig City, Philippines

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Company name
PETROENERGY RESOURCES CORPORATION
Location
7th Floor JMT Building, ADB Ave. Ortigas Center, 1605, Pasig City, Philippines
Fax
6346066
Website address
Establishment year 1994
Employees 51-100
E-mail address
Company description
PetroEnergy Resources Corporation (PERC), formerly Petrotech Consultants, Inc., was organized on September 29, 1994 to provide specialized technical services to companies exploring for oil in the Philippines. On June 25, 1999, the Department of Energy authorized the assumption by PERC of Philippine oil exploration contracts. The Ministry of Energy of Gabon, Africa had also been duly notified of the transfer to PERC of a Production Sharing Contract covering the Etame discovery block in the Atlantic shelf. The principal properties of PERC consist of various oil areas located in the Philippines and in Gabon, Africa. PERC's local Service Contracts are located in Northwest Palawan, Offshore Mindoro and East Visayan Sea. PERC derives its revenues from its Gabon operations. The Philippine  
Show more contracts are in the exploration stage and some contracts are being farmed out to reduce risk inherent to the business. Source: SEC Form 17-A (2008)

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