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)

May 25, 2023

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

MAKATI CITY

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

UB 111 Paseo de Roxas Bldg., Paseo de Roxas Avenue, Legaspi Village, Makati City Postal Code 1229

8. Issuer's telephone number, including area code

(+632) 9917-8118

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 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 7-1 - Notice of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and
Sections 7 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Schedule of Annual Stockholders Meeting for 2023
Background/Description of the Disclosure
The Board in its regular meeting held on May 25, 2023 at which a quorum was present and upon motion duly seconded approved the setting of the 2023 Annual Stockholders Meeting on July 12, 2023 (face-to-face meeting)

Type of Meeting

• Annual
• Special

Date of Approval by Board of Directors	May 25, 2023
Date of Stockholders' Meeting	Jul 12, 2023
Time	3:00 PM
Venue	TBA
Record Date	Jun 21, 2023
Agenda	PROPOSED AGENDA FOR 2023 ASM 1. Call to Order 2. Certification of Notice of Meeting and Existence of Quorum 3. Approval of Minutes of the Annual Stockholders’ Meeting held on August 31, 2022 4. Presentation of the 2022 Annual Report with highlights of the 2022 Consolidated Audited Financial Statements 5. Ratification of All Acts of the Board and Management for 2022-2023 6. Election of Directors for 2023-2024 7. Approval of the Proposed Amendments to the By-laws 8. Appointment of External Auditors for the 2023 Financial Statements 9. Other Matters 10. Adjournment

Inclusive Dates of Closing of Stock Transfer Books

Start Date	Jun 21, 2023
End Date	Jul 12, 2023

Other Relevant Information
None