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)

Jun 28, 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) 8178596

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 4-24 - Results of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Results of Annual Stockholders' Meeting held on June 28, 2017
Background/Description of the Disclosure
In the last Annual Stockholders' Meeting held on June 28, 2017 at Manila Golf and Country Club, Harvard Road, Forbes Park, Makati City, the following was approved by the the stockholders: 1) Approved of Minutes of the Annual Stockholders' Meeting held on June 29, 2016 2) Ratification of all Acts of the Board and Management for the term 2016-2017 as well as the Annual Report on the 2016 Operations of the Corporation 3) Election of the Board of Directors for 2017-2018 4) Amendment of Article Fourth of the Amended Articles of Incorporation (to extend corporate term by another 50 years) 5) Issuance of 392,092,829 shares to Vintage Engineering Public Company Limited of Thailand (VTE) 6) Appointment of Sycip Gorres Velayo & Company as the External Auditor of the Corporation for the fiscal year ending December 31, 2017 as the appointment of Jaime F. Del Rosario as the engagement partner of the corporation for the fiscal year 2017.

List of elected directors for the ensuing year with their corresponding shareholdings in the Issuer

Name of Person	Shareholdings in the Listed Company		Nature of Indirect Ownership
	Direct	Indirect
OSCAR C. DE VENECIA	0	10,110,000	Stock Options
FRANCIS C. CHUA	10,000	1,100,000	Stock Options
RAMON L. MAPA	368,635	0	n/a
OSCAR L. DE VENECIA, JR.	516,334	10,000,000	Stock Options
MA. FLORINA M. CHAN	10,000	11,680,000	Stock Options
JAIME J. MARTIREZ	10,000	8,000,000	Stock Options
SUPASIT POKINJARURAS	10,000	0	n/a
ISIDORO O. TAN	24,822,276	13,000,000	Stock Options
HARVEY L. N. DYCHIAO	10,000	0	n/a
EDUARDO V. MANALAC	10,000	8,000,000	Stock Options
OSCAR S. REYES	10,000	500,000	Stock Options

External auditor	SGV & COMPANY with Mr. Jaime F. del Rosario as Engagement Partner for the fiscal year 2017

List of other material resolutions, transactions and corporate actions approved by the stockholders
1. Approval of MInutes of the Annual Stockholders'Meeting of June 29, 2017 2. Ratification of All Acts of the Board and Management for the term 2016-2017 and the Annual Report for 2016 3. Elections of Directors 4. Amendment of Article Fourth of the Amended Articles of Incorporation 5, Issuances of Shares to Vintage Engineering Public Company of Thailand0 6. Appointment SGV & Company as External Auditor for the fiscal year 2017
Other Relevant Information
See attached Results of Stockholders' Meeting held on June 28, 2017 at Manila Golf and Country Club, Harvard Road, Forbes Park, Makati City