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ENEX Energy Corp.

Company Description
ENEX Energy Corp. (ENEX), formerly PHINMA Petroleum and Geothermal, Inc., was organized on September 28, 1994 as a wholly-owned subsidiary of ACEN Corporation (ACEN). The Company was also previously known as ACE Enexor, Inc. before the SEC approved its change of corporate name to ENEX Energy Corp. on November 9, 2022.

In April 2019, ACEN purchased the combined 25.18% stake of PHINMA, Inc. and PHINMA Corp. in ENEX. Meanwhile, AC Energy and Infrastructure Corporation, formerly AC Energy, Inc., acquired the 51.48% combined stake of PHINMA, Inc. and PHINMA Corporation in ACEN.

ENEX's primary business is the exploration and production of crude oil and natural gas through interests in petroleum contracts and through holdings in resource development companies with interests in petroleum contracts. The Company began its foray into the exploration and development of geothermal resources in 2017.

As of December 31, 2021, ENEX has 7.78% interest in SC 6 Block A in Northwest Palawan and 75% interest in SC 55 in offshore West Palawan through its subsidiary, Palawan55 Exploration & Production Corporation.

Source: SEC Form 17-A (2021), C08924-2022
Security Information
Sector Mining and Oil
Subsector Oil
Corporate Life 50
Incorporation Date Sep 28, 1994
Number of Directors 11
Stockholders' Meeting as per By-Laws Every last Monday of January of each year
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Stock Transfer Service, Inc.
Contact Information
Business Address 35th Floor, Ayala Triangle Gardens Tower 2, Paseo De Roxas corner Makati Avenue, Makati City 1226
E-mail Address [email protected]
Telephone Number 7730-6300
Fax Number 7751-6511