Bass Oil Limited (ASX:BAS)

Bass Oil Limited, an Australian-listed oil producer, provided an operations update for August 2025 highlighting significant activities. The company reported total sales revenue of A$615,721, reflecting a 20% increase from July. The average daily oil production was 228 barrels of oil per day (bopd), with total production amounting to 7,062 barrels. The Cooper Basin operations yielded 3,050 barrels, with an average sales price of A$104.45 per barrel. Meanwhile, Indonesian operations produced 4,012 barrels, with a sales price of US$64.27 per barrel. The Vanessa gas field acquisition is progressing with regulatory approvals, expected to boost reserve growth and enable the company’s first gas sales to the east coast market. Bass is also advancing its production enhancement program in Indonesia, aiming to increase output from the Bunian and Tangai fields.