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Basic Energy Corp. has commenced exploration work on the first two of 10 existing oil wells in Indonesia for possible future implementation of an enhanced oil recovery technology through its partner Petrosolve Sdn Bhd of Malaysia.

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GRANDWAY GROUP LTD

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abtest

Basic Energy budgets P300 M for 2014 project

By Iris Gonzales | November 30, 2013 - 12:00am

Oil and gas exploration firm Basic Energy Corp. is setting aside P300 million to fund significant projects next year, its top official said.

Business

Basic Energy starts exploration work on Indon oil wells

By Iris Gonzales | July 8, 2013 - 12:00am

Basic Energy Corp. has commenced exploration work on the first two of 10 existing oil wells in Indonesia for possible future implementation of an enhanced oil recovery technology through its partner Petrosolve Sdn...

Business

Basic Energy, Malaysian partner to drill 10 oil wells in Indonesia

June 27, 2013 - 12:00am

Basic Energy Corp. and its Malaysian partner Petrosolve Sdn Bhd have forged a deal to develop 10 oil wells in Indonesia.

Business

Basic Energy, Malaysian partner in talks for Indon oil venture

By Iris Gonzales | June 21, 2013 - 12:00am

 Basic Energy Corp., said it is currently in discussions with Petrosolve Sdn Bhd of Malaysia for a project to manage and supervise oil wells in East Java, Indonesia.

Business

Basic Energy sets up Indonesian firm

By Iris Gonzales | June 19, 2013 - 12:00am

Grandway Group Ltd., a 70-30 joint venture between Basic Energy Corp. and Malaysian company Petrosolve Sdn Bhd, has received the endorsement of an Indonesian government agency for the establishment of a foreign investment...

Business

Basic Energy, Malaysian firm tie up for oil search venture

By Iris Gonzales | March 20, 2013 - 12:00am

Basic Energy Corp. and Malaysia’s Petrosolve Sdn Bhd have formed a joint venture company, Grandway Group Ltd., for the two firms’ oil exploration business.

Business