Basic Energy Services, Inc. (NYSE:BAS) Files An 8-K Submission of Matters to a Vote of Security Holders

Basic Energy Services, Inc. (NYSE:BAS) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07Submission of Matters to a Vote of Security Holders.

Basic Energy Services, Inc. (the “Company”) held its Annual Meeting of Stockholders on May 21, 2018 in Fort Worth, Texas (the “Annual Meeting”):

(1)	to elect two Class II directors to serve until the annual meeting of stockholders in 2021;

(2)	to approve, on a non-binding advisory basis, the named executive officer compensation as disclosed in the Company’s Definitive Proxy Statement on Schedule 14A for the Annual Meeting; and

(3)	to ratify the appointment of KPMG LLP as the Company’s independent auditor for fiscal year 2018.

A total of 19,876,079 shares of the Company’s common stock were present at the meeting in person or by proxy, which represented approximately 75% of the outstanding shares of the Company’s common stock as of March 22, 2018, the record date for the Annual Meeting.

Proposal 1: Director nominees were elected at the Annual Meeting based on the following vote tabulation:

Proposal 2: The vote to approve, on a non-binding advisory basis, the Company’s named executive officer compensation as disclosed in the Company’s Definitive Proxy Statement on Schedule 14A for the Annual Meeting was approved, with the vote count as follows:

Proposal 3: The ratification of the appointment of KPMG LLP as the Company’s independent auditor for fiscal year 2018 was approved as follows:

About Basic Energy Services, Inc. (NYSE:BAS)
Basic Energy Services, Inc. provides a range of well site services in the United States to oil and natural gas drilling and producing companies, including completion and remedial services, fluid services, well servicing and contract drilling. The Company operates through the segment, which include Completion and Remedial Services, Fluid Services, Well Servicing and Contract Drilling. The Company’s operations are managed regionally and are concentrated in the United States onshore oil and natural gas producing regions located in Texas, New Mexico, Oklahoma, Arkansas, Kansas, Louisiana, Wyoming, North Dakota, Colorado, Utah, Montana, West Virginia, California, Ohio and Pennsylvania. Its operations are focused on liquids-rich basins, as well as natural gas-focused shale plays characterized by prolific reserves. It has a presence in the Permian Basin and the Bakken, Eagle Ford, Haynesville and Marcellus shales.