News

PERC, Trans-Asia, and PNOC-RC Sign Joint Venture Agreement for Maibarara Geothermal Power Project

September 7, 2011

PetroGreen Energy Corporation, a wholly-owned subsidiary of publicly-listed PetroEnergy Resources Corporation (PERC), signed today a joint venture agreement (JVA) with Trans-Asia Oil and Energy Development Corporation and PNOC Renewables Corporation (PNOC RC) for the development and operation of the Maibarara Geothermal Power Project (MGPP).  Maibarara was awarded by the Department of Energy (DOE) to PERC… Read More


PetroEnergy Joint Venture Completes Successful Exploration and Appraisal Drilling of SE-Etame Prospect; New Drilling Slated

September 7, 2011

The Etame Joint Venture through its Operator, Vaalco, Energy, has officially announced on June 17, 2010 an oil discovery in the Southeast Etame prospect in the Etame Marin Concession, Offshore Gabon. The exploration well “ETSEM-1” was drilled to a total depth of 2,757 meters and encountered 5 meters of Gamba sandstone which logged oil full… Read More


PetroEnergy’s Maibarara Geothermal Power Project Gets ECC

September 7, 2011

PetroEnergy Resources Corp. (PERC) is pleased to announce that its 40 MW Maibarara  Geothermal Power Project was issued an Environmental Compliance Certificate (ECC) by the Department of Environment and Natural Resources Region 4A (DENR-4A) office today, August 11, 2010. PERC will develop Maibarara, located in Calamba, Laguna and Sto. Tomas, Batangas, and intends to commission the… Read More


PetroEnergy Launches Training Program for Teachers in Puerto Princesa, Palawan

April 30, 2011

Puerto Princesa, Palawan – PetroEnergy Resources Corporation organized a Training Program for the teachers of its adopted schools in Puerto Princesa, Palawan. These are Inagawan National High School, Marcelino A. Javarez National High School, and San Rafael National High School. This initiative is a significant component of PERC’s corporate social responsibility and commitment to helping… Read More


Certificate of Attendance & Certificate of Compliance with the Manual of Corporate Governance

January 1, 2011

Perc_Certificate_of_Attendance_and_Certificate_of_Compliance_with_the_Manual_of_Corporate_Governance


Avouma Discovery Tested at Sustained Rate of 6,600 BOPD through 40/64″ Choke

January 1, 2011

EXCERPT FROM NEWS REPORT ISSUED BY VAALCO, July 12, 2004 : ” VAALCO Energy announced the results of flow testing of the Avouma exploration well. The EAVOM-1 well flowed at a stabilized rate of 6,600 barrels oil per day of 37 degree API crude on a 40/64′s inch choke from twenty feet of perforations in… Read More