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 23, 2017

2. SEC Identification Number

36359

3. BIR Tax Identification No.

000-438-702-000

4. Exact name of issuer as specified in its charter

BASIC ENERGY CORPORATION

5. Province, country or other jurisdiction of incorporation

Metro Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7/F Basic Petroleum Bldg, 104 Carlos Palanca St., Legaspi Village, Makati City Postal Code 1229

8. Issuer's telephone number, including area code

(+632) 817-8596

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	2,603,684,382

11. Indicate the item numbers reported herein

Item No. 9

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.

Basic Energy CorporationBSC

PSE Disclosure Form 7-1 - Notice of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and
Sections 7 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Amending disclosure made on February 23, 2017 on Notice of Annual Stockholders'Meeting
Background/Description of the Disclosure
Amending disclosure made on February 23, 2017 by inserting the Agenda in the Notice of Annual Stockholders'Meeting

Type of Meeting

• Annual
• Special

Date of Approval by Board of Directors	Feb 23, 2017
Date of Stockholders' Meeting	Jun 28, 2017
Time	3:00 P.M.
Venue	Manila Golf and Country Club, Harvard Ave, Forbes Park, Makati City
Record Date	Jun 5, 2017
Agenda	1. Call to Order 2. Certification of Due Notice of Meeting and Existence of Quorum 3. Approval of Minutes of the Annual Stockholders'Meeting held on June 29, 2016 4. Presentation of the 2016 Annual Report 5. Ratification of All Acts of the Board and Management 6. Election of Directors 7. Amendment of Article Fourth of the Amended Articles of Incorporation ( to extend corporate term by another 50 years) 8. Issuance of Shares to Vintage Engineering Public Company (Thailand) 9. Appointment of External Auditors 10. Other Matters 11. Adjournment

Inclusive Dates of Closing of Stock Transfer Books

Start Date	Jun 5, 2017
End Date	Jun 28, 2017

Other Relevant Information
This amends the previous disclosure of February 23, 2017 by inserting the agenda to the Notice of Ánnual Stockholders' Meeting. See attached Notice of Annual Stockholders Meeting dated May 5, 2017