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Basic Energy Corporation
| Basic Energy Corporation (BSC) was incorporated as Basic Enterprises, Inc. on September 19, 1968, and became an oil and gas exploration and development company on April 26, 1971. BSC later transitioned from an operating company to a holding company under the corporate name, Basic Consolidated, Inc. In 2007, the Company adopted its present name following the expansion of its primary purposes to include the production of ethanol and other biofuels and the development of alternative and renewable energy sources. BSC's subsidiaries include Basic Diversified Industrial Holdings, Inc.; iBasic, Inc.; Basic Biofuels Corporation; RDG Wind Energy Corporation (formerly Mabini Wind Corporation); Grandway Group Limited; Southwest Resources, Inc., which is 72.58% owned by the Company; and Filoil Energy Company Inc., which is 60% owned by the Company. The Company has also established San Joaquin Wind Energy Corporation, Basic Energy Cadiz 1 Corporation and Basic Energy Mariveles Corporation to implement the Panay Onshore Wind Project, Cadiz 1 Solar Project, and Mariveles Solar Project, respectively. BSC has been awarded various geothermal and wind energy service contracts by the Department of Energy. Source: SEC Form 17-A (2025) |
| Sector | Industrial |
|---|---|
| Subsector | Electricity, Energy, Power & Water |
| Corporate Life | 0 |
| Incorporation Date | Sep 19, 1968 |
| Number of Directors | 11 |
| Stockholders' Meeting as per By-Laws | Per By-Laws: March; For 2011: 29 June 2011, Record Date: 08 June 2011, Circ. No. 2981-2011 |
| Fiscal Year | 12/31 (Month/Day) |
| External Auditor | Reyes Tacandong & Co. |
| Transfer Agent | Professional Stock Transfer, Inc. |
| Business Address | Principal Office: GM Building, Florida Street, Barangay Wack Wack, Greenhills East, Mandaluyong City; Satellite Office: 6/F 11 Corporate Ctr., 11 Avenue Avenue cor Triangle Drive, BGC, Taguig City |
|---|---|
| E-mail Address | [email protected] |
| Telephone Number | 7917-8118; 3224-4383 |
| Fax Number | - |
| Website | http://www.basicenergy.ph |
