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)

May 16, 2018

2. SEC Identification Number

094008811

3. BIR Tax Identification No.

004-500-964-000

4. Exact name of issuer as specified in its charter

PHINMA Petroleum and Geothermal, Inc.

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Level 11 PHINMA Plaza, 39 Plaza Drive, Rockwell Center, Makati City Postal Code 1210

8. Issuer's telephone number, including area code

8700100

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 Shares	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.

Phinma Petroleum and Geothermal, Inc.PPG

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
Service Contract No. 51 Eastern Visayas
Background/Description of the Disclosure
PHINMA Petroleum and Geothermal, Inc. (PPG) has notified the Department of Energy of its withdrawal from the subject service contract. Consequently, PPG will recognize a loss of P32.7 million for the write off of its share in the expenditures incurred to date under SC 51. This is equivalent to 22% of the Company’s total assets as of March 31, 2018.
Other Relevant Information
-