Trans-Asia ups stake in geothermal project

By The Manila Times

Feb 26, 2015 9:17 pm

Trans-Asia Oil and Energy Development Corp. has raised its stake in a geothermal service contract located in Mabini, Batangas.

In a disclosure to the Philippine Stock Exchange (PSE), Trans-Asia said it acquired from Basic Energy Corp. (Basic) a 25-percent participating interest in Geothermal Service Contract No. 8.

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