CR03527-2016

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended
Mar 31, 2016
2. SEC Identification Number
ASO94-08880
3. BIR Tax Identification No.
004-471-419-000
4. Exact name of issuer as specified in its charter
PETROENERGY RESOURCES CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7TH FLOOR, JMT BUILDING, ADB AVENUE, PASIG CITY Postal Code 1605
8. Issuer's telephone number, including area code
632 -637 2917
9. Former name or former address, and former fiscal year, 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 410,736,330
11. Are any or all of registrant's securities listed on a Stock Exchange?
Yes
No
If yes, state the name of such stock exchange and the classes of securities listed therein:
PHILIPPINE STOCK EXCHANGE
12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes
No
(b) has been subject to such filing requirements for the past ninety (90) days
Yes
No

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.

PetroEnergy Resources CorporationPERC

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended Mar 31, 2016
Currency (indicate units, if applicable) US$
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2016 Dec 31, 2015
Current Assets 26,778,160 42,698,402
Total Assets 228,319,320 237,130,540
Current Liabilities 28,495,249 41,892,023
Total Liabilities 143,812,974 154,752,970
Retained
Earnings/(Deficit)
22,567,299 22,049,428
Stockholders' Equity 84,506,346 82,377,570
Stockholders' Equity - Parent 61,235,304 61,973,214
Book Value per Share 0.16 0.16
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 6,409,815 5,808,324 6,409,815 5,808,324
Other Revenue 1,163,094 72,792 1,163,094 72,792
Gross Revenue 7,572,909 5,881,116 7,572,909 5,881,116
Operating Expense 4,570,742 3,015,509 4,570,742 3,015,509
Other Expense 1,954,139 2,332,586 1,954,139 2,332,586
Gross Expense 6,524,881 5,348,095 6,524,881 5,348,095
Net Income/(Loss) Before Tax 1,048,028 533,021 1,048,028 533,021
Income Tax Expense 39,340 3,053 39,340 3,053
Net Income/(Loss) After Tax 1,008,688 529,968 1,008,688 529,968
Net Income Attributable to
Parent Equity Holder
517,871 104,605 517,871 104,605
Earnings/(Loss) Per Share
(Basic)
0 0 0 0
Earnings/(Loss) Per Share
(Diluted)
- - - -
Other Relevant Information

Book Value Per Share - 1st Quarter 2016 = $0.165; December 31, 2015 = $0.162
Earnings Per Share - 1st Quarter 2016 = $0.0013 ; 1st Quarter 2015 = $0.0004

Filed on behalf by:
Name Arlan Profeta
Designation Head/ Alternate Chief Information Officer