Basic Energy Corp
XPHS:BSC
Basic Energy Corp
Basic Energy Corp. is an investment holding company, which engages in the development of renewable energy resources. The firm operates through downstream oil operations segment, which particularly includes the sale of petroleum products. The Company’s wholly owned subsidiaries include Basic Diversified Industrial Holdings, Inc., which is an investment holding company; IBasic, Inc., which is an information technology management company and service integrator; Basic Biofuels Corporation, which is a developer of biofuels; Basic Renewables, Inc., which is engaged in renewable energy; Mabini Energy Corporation; Southwest Resources, Inc., which is engaged in oil exploration; Grandway Group Limited, and PT Basic Energi Solusi, which is engaged in the management and operation of oil wells in Indonesia.
Basic Energy Corp. is an investment holding company, which engages in the development of renewable energy resources. The firm operates through downstream oil operations segment, which particularly includes the sale of petroleum products. The Company’s wholly owned subsidiaries include Basic Diversified Industrial Holdings, Inc., which is an investment holding company; IBasic, Inc., which is an information technology management company and service integrator; Basic Biofuels Corporation, which is a developer of biofuels; Basic Renewables, Inc., which is engaged in renewable energy; Mabini Energy Corporation; Southwest Resources, Inc., which is engaged in oil exploration; Grandway Group Limited, and PT Basic Energi Solusi, which is engaged in the management and operation of oil wells in Indonesia.
