May 14 (Reuters) - Basic Energy Corp BSC.PS :
* BASIC ENERGY CORP - EXECUTED SUBSCRIPTION AGREEMENT WITH
M2DC
FOR SUBSCRIPTION TO 9.83 BILLION PRIMARY SHARES OF CO
* BASIC ENERGY CORP - TOTAL SUBSCRIPTION PRICE OF 2.80
BILLION
PESOS
Source text for Eikon: company coverage: BSC.PS
(Reuters.briefs@thomsonreuters.com)