PetroEnergy Resources Corporation (PetroEnergy) is a Philippines-based oil exploration company. The Company is engaged in oil exploration, and development and mining activities. The Company's segments include oil production, which is engaged in the oil and mineral exploration, development and production; geothermal energy, which develops and operates geothermal steam fields and power plants; solar energy, which carries out solar energy operations, and other activities, which comprises research and investment activities. The principal properties of the Company consists of various oil areas, which are located in the Philippines and in Gabon. The Company's renewable energy projects are located in approximately three provinces, which include Batangas for its geothermal energy project; Tarlac for its solar power project, and Aklan for the wind energy project. It operates a 20 megawatts (MW) geothermal power plant in and a 36 MW wind power project in Nabas, Aklan (near BoracaY).
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