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Latest News

Basic Energy: Work on SC53 to continue

LISTED Basic Energy Corp. said on Thursday that it would continue exploration work in certain areas in Mindoro. Basic Energy told the local bourse that for 2017, the company “will continue with its business in oil and gas exploration, being a party, together with other exploration companies, to a service contract for the exploration, development,…

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Basic Energy proceeds solar power expansion in Japan

LISTED HOLDING COMPANY BASIC ENERGY CORP., TOGETHER WITH ITS PARTNER SOLMAX POWER LIMITED OF HONG KONG, WILL CARRY ON WITH ITS OVERSEAS SOLAR EXPANSION BEGINNING WITH JAPAN AFTER THE FORMER SIGNED THE INVESTMENT TERM SHEET AND REMITTED A REFUNDABLE DEPOSIT WORTH ‎JP¥50M (ROUGHLY ₱22.74 M) “TO TRIGGER THE DUE DILIGENCE WORK.” Additionally, Basic Energy is…

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