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

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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 company in Indonesia.

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                    [AuthorName] => Iris Gonzales
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Basic Energy Corp. has entered into a joint venture with Malaysian company Petrosolve Sdn Bhd for the exploration, development, management and operation of oil wells in and outside the Philippines.

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PETROSOLVE SDN BHD

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                    [Title] => Basic Energy, Malaysian firm tie up for oil ventures
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Basic Energy Corp. has entered into a joint venture with Malaysian company Petrosolve Sdn Bhd for the exploration, development, management and operation of oil wells in and outside the Philippines.

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abtest

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 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 ventures

By Iris Gonzales | February 13, 2013 - 12:00am

Basic Energy Corp. has entered into a joint venture with Malaysian company Petrosolve Sdn Bhd for the exploration, development, management and operation of oil wells in and outside the Philippines.

Business