Philippines:

Basic Energy to Look for Geothermal in Sorsogon (BusinessWorld Online Edition)

Basic Energy Corp. has received a new service contract from the Energy department covering a geothermal concession area in West Bulusan in the province of Sorsogon, the firm said in a disclosure yesterday.

Basic said the concession area “hosts several relatively low-lying eruptive centers and domes of early- to late-Pleistocene age,” particularly Mt. Bintacan, Mt. Tabon-Tabon, Mt. Sisigon, Mt. Malobago, Mt. Calomoutan and Mt. Sujac.

“All are older than the presently active Bulusan Volcano located in the northeast,” the company noted.

“There are reported hot springs and altered grounds in the area which could enhance geothermal prospectivity.”

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