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)

Feb 3, 2025

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

MANDALUYONG CITY

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

GM Building, Florida St., Barangay Wack-Wack, Greenhills East, Mandaluyong City Postal Code 1556

8. Issuer's telephone number, including area code

(+63) 7917-8118

9. Former name or former address, if changed since last report

UB 111 Paseo de Roxas Bldg., Paseo de Roxas Avenue, Legaspi Village, Makati City

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 Shares	14,668,643,064

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 13-1 - Change in Shareholdings of
Directors and Principal Officers References: SRC Rule 23 (SEC Form 23-B) and
Section 13 of the Revised Disclosure Rules

Subject of the Disclosure
Change in Shareholdings of Director Amendment 02.03.2025 - amended to include share monitoring breakdown to track and explain shareholding of Director
Background/Description of the Disclosure
This disclosure reports on the change of shares of Director OSCAR L. DE VENECIA JR. where he RECEIVED/ACQUIRED 36,666 (direct; certificated) and 525,000 (indirect) shares by means of inheritance from the late Chairman Oscar C. de Venecia. Amendment 02.03.2025 - Share monitoring breakdown: Direct (Certificated) Shares as reflected in last 23-B & PSE Form 13-1 dated December 21, 2023 (Disclosure Ref. No. C08879-2023): - 200,000 shares Indirect Shares (lodged with broker) as reflected in last 23-B & PSE Form 13-1 dated December 21, 2023 (Disclosure Ref. No. C08879-2023): - 46,181,330 shares Upliftment of Indirect Shares (lodged with broker); from Scripless securites to certificated: - 960,000 shares on December 20, 2024 - Direct (certificated) Shares increased from 200,000 to 1,160,000 - Indirect Shares reduced from 46,181,330 to 45,221,330 (as reflected and disclosed in Public Ownership Report as of 12.31.2024 Disclosure Reference No. CR00756-2025) Note: as upliftment was not an acquisition or disposition of shares but a change in classification from scripless securities to certificated no change in overall shareholdings of the Director took place Increase/Acquisition of Shares from Inheritance as of 02.03.2025: - Direct (certificated) shares inherited from the estate of the late Chairman Oscar C. De Venecia - 36,666 shares - Indirect (lodged with broker) shares inherited from the estate account of the late Chairman Oscar C. De Venecia - 525,000 shares Total Shareholdings of Director as of current date 02.03.2025: Direct (certificated) shares - 1,196,666 Indirect (lodged with broker) shares - 45,746,330

Name of Person	OSCAR L. DE VENECIA JR.
Position/Designation	Director

For Equity Securities

Type of Security / Stock Symbol	Date of Transaction	Securities Acquired (A) or Disposed (D)			Ownership Form Direct (D) or Indirect (I)	Nature of Indirect Beneficial Ownership
		Number of Shares	(A) or (D)	Price per Share
Common/BSC	Feb 3, 2025	36,666	A	n/a	D	-
Common/BSC	Feb 3, 2025	525,000	A	n/a	I	lodged with broker

Number of Shares Owned after the Transaction

Direct	1,196,666
Indirect	45,746,330