P-H-O-E-N-I-X Petroleum Philippines, Inc. announced the resignation of Atty. Socorro Ermac Cabreros from the Board of Directors and appointment of Mr. Stephen CuUnjieng, effective January 15, 2018. To fill in the vacancy for the unexpired term, the Board has approved the appointment of Mr. Stephen CuUnjieng. Mr. CuUnjieng is currently Chairman of the Evercore Asia Limited.