Basic Energy Corporation (PSE: BSC) and Trans-Asis Oil and Energy Development Company (PSE: TA) signed a Joint Operating Agreement (JOA) for Mabini Geothermal Service Contract No. 8.
In a disclosure to the Philippine Stock Exchange Tuesday 03 November 2015, BSC said the purpose of the Joint Operating Agreement (JOA) is to establish the respective rights and obligations of the parties concerning operations and activities under the Geothermal Service Contract No. 8, including the joint operation, and appraisal of Geothermal Resources and Decommissioning.
Source: http://www.fabian.ph/2015/11/basic-energy-trans-asia-signs-joint-operating-agreement-for-mabini-geothermal-service-contract-no-8/
BASIC ENERGY CORP. expects to complete its 50-megawatt (MW) wind power project in Mabini, Batangas by early 2028, its president said. “The wind power project in Mabini, Batangas is moving forward as planned and on track for completion by the first quarter of 2028,” Basic Energy President and Chief Operating Officer Luisito V. Poblete told…
read moreThe Basic Energy Corp. (BSC) is seeking government backing to roll out electric buses in every province across the country within the next five years. In a disclosure to the Philippine Stock Exchange, the BSC announced plans to get e-transport franchises for all 82 provinces with support from the Department of Transportation (DOTr) and the…
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