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Bass Oil Limited (ASX:BAS)

ALERT: Price-sensitive ASX Announcement for BAS
Current share price for BAS : $0.048 0 (0%)+
Announcement
Release
17 Jul 2026 9:29AM
Price at Release
$0.048
Full Release
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Summary
Bass Oil Limited's operations update for June 2026 highlights a stable production with an average daily oil production of 225 barrels per day, marking a 3% increase. The total monthly production reached 6,789 barrels with sales of 6,400 barrels, resulting in a net revenue of A$561,477. The Cooper Basin fields produced 2,527 barrels, with sales impacted by weather conditions. The acquisition of the Vanessa gas field was completed, and engineering efforts to recommission it are underway, positioning Bass for potential gas sales. Indonesian operations also saw a slight increase in production. The company remains focused on advancing its gas projects and enhancing production capabilities while maintaining a high operational uptime at its facilities.
Key Points
  • Average daily oil production is 225 bopd.
  • Total monthly production was 6,789 barrels.
  • Sales revenue for June was A$561,477.
  • Cooper Basin production totaled 2,527 barrels.
  • Vanessa gas field acquisition completed.
  • Efforts to recommission Vanessa facility underway.
  • Indonesian production increased slightly.
  • Worrior and Padulla facilities had high uptimes.
  • Drilling at Bunian 6 commenced in June.
  • Reprocessed seismic data shows encouraging results.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.