Basic Energy Corporation (PSE: BSC) and Trans-Asis Oil and Energy Development Company (PSE: TA) signed a Joint Operating Agreement (JOA) for Mabini Geothermal Service Contract No. 8.
In a disclosure to the Philippine Stock Exchange Tuesday 03 November 2015, BSC said the purpose of the Joint Operating Agreement (JOA) is to establish the respective rights and obligations of the parties concerning operations and activities under the Geothermal Service Contract No. 8, including the joint operation, and appraisal of Geothermal Resources and Decommissioning.
Source: http://www.fabian.ph/2015/11/basic-energy-trans-asia-signs-joint-operating-agreement-for-mabini-geothermal-service-contract-no-8/
LISTED Basic Energy Corp. is set to begin processing the necessary permits for its proposed solar power project in Bolinao, Pangasinan, after securing a certificate from the government. In a regulatory filing on Thursday, Basic Energy said the Department of Energy (DoE) granted the company a certificate of authority (CoA) for its proposed solar energy…
read moreBasic Energy Corporation announced that the Department of Energy (DOE) has granted the company a Certificate of Authority (COA) for its proposed Solar Energy Operating Contract (SEOC) application for the Bolinao, Pangasinan Solar Power Project. The COA, issued under the revised Omnibus Guidelines Governing the Award and Administration of Renewable Energy (RE) Contracts effective June…
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