Basic Energy : Amendments to Articles of Incorporation

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 1, 20222. SEC Identification Number 363593. BIR Tax Identification No. 000-438-702-0004. Exact name of issuer as specified in its charter BASIC ENERGY CORPORATION5. Province, country or other jurisdiction of incorporation MAKATI CITY6. Industry Classification Code(SEC Use Only) 7. Address of principal office UB 111 Paseo de Roxas Bldg., Paseo de Roxas Avenue, Legaspi Village, Makati CityPostal Code12298. Issuer's telephone number, including area code ([phone]. Former name or former address, if changed since last report Not applicable10. 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 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Amendment of Third Article of the Amended Articles of Incorporation (AOI) of Basic Energy Corporation

Background/Description of the Disclosure

The Board of Directors in its regular meeting held on March 31, 2022, at which a quorum is present, unanimously approved to amend the Third Article of the Amended AOI of the Company to change its principal office address from its present address at 104 Carlos Palanca , Jr. St., Legaspi Village, Makati City; to 240 GM Building, Florida St., Greenhills East, Barangay Wack Wack, Mandaluyong City 1556.

Date of Approval by Board of Directors	Mar 31, 2022
Date of Approval by Stockholders	TBA
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Securities and Exchange Commission	TBA
Date of Receipt of SEC approval	TBA

Amendment(s)

Article No.	From	To
Third Article	104 Carlos Palanca , Jr. St., Legaspi Village, Makati City	240 GM Building, Florida St., Greenhills East, Barangay Wack Wack, Mandaluyong City 1556

Rationale for the amendment(s)

The change in principal office address was done in order to consolidate the Company's address with the offices of the Filoil group to facilitate better coordination and teamwork among the respective companies.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the Articles of Incorporation with the SEC	TBA
Expected date of SEC approval of the Amended Articles of Incorporation	TBA

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any

Operations and business of Basic Energy is anticipated to be enhanced with the improved communication between Basic and the other companies of the Filoil group.

Other Relevant Information

None

Filed on behalf by:

Name	Dominique Pascua
Designation	Compliance Officer