C03679-2015

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Jul 2, 2015
2. SEC Identification Number
094008811
3. BIR Tax Identification No.
004-500-964
4. Exact name of issuer as specified in its charter
Trans-Asia Petroleum Corporation
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
11F Phinma Plaza, 39 Plaza Drive, Rockwell Center, Makati City Postal Code 1200
8. Issuer's telephone number, including area code
632 8700 100
9. Former name or former address, if changed since last report
Not applicable
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 250,000,000
11. Indicate the item numbers reported herein
-

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Trans-Asia Petroleum CorporationTAPET

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Petroleum Service Contract No. 55

Background/Description of the Disclosure

Please be informed that the SC 55 Operator, Otto Energy Investments, Ltd. (“OEIL”) notified Palawan55 Exploration & Production Corporation (“Palawan55”) a subsidiary of Trans-Asia Petroleum Corporation, that OEIL has issued a formal notice to Maersk Drilling to commence mobilization for the drilling of the Hawkeye – 1 exploratory well.

The drillship Maersk Venturer which is currently in Labuan, Malaysia, is expected to arrive at the well location by 31 July 2015, with actual drilling to commence 1 to 2 days thereafter.

Palawan55 has 6.82% participating interest in SC 55.

Other Relevant Information

None

Filed on behalf by:
Name Cecille Arenillo
Designation Vice President