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)

Apr 15, 2024

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 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Results of Basic Energy Corporation April 15, 2024, Board Meeting
Background/Description of the Disclosure
The Board of Directors of Basic Energy Corporation (the “Corporation”) held its regular board meeting on 15 April 2024, with a quorum present, and on motion duly moved and seconded, approved the following: 1. Acknowledged the Resignation of Mr. Ramon F. Villavicencio as Chairman and Director. The board thanked Mr. Villavicencio for his contribution and guidance to the Company; 2. Confirmed the approval of the Corporation’s Consolidated Annual Financial Statement (AFS) 2023 as reviewed, endorsed and presented by the Audit Committee; 3. Approved the execution of a Joint Development and Shareholders’ Agreement (JDSHA) with RENOVA, designating Oscar L. De Venecia Jr. as its authorized signatory therefor; and 4. Setting July 24,2024, as the date for its Annual Stockholders’ Meeting.
Other Relevant Information
please refer to attached 17-C