Geothermal projects of Basic Energy are located in East Mankayan straddling Benguet, Mountain Province and Ifugao; Mariveles, Bataan; Iriga, Camarines Sur and West Bulusan in Sorsogon.
According to the agreement,FEDS evaluates the technical viability of the geothermal projects which accelerates the surface exploration phase of Basic Energy.
FEDS estimates the completion of study in three months.
Source: http://www.4-traders.com/BASIC-ENERGY-CORP-6090099/news/Basic-Energy–To-Review-Viability-Of-Geothermal-Site-19937929/
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