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Bass Oil Limited (ASX:BAS)
ALERT: Price-sensitive ASX Announcement for BAS
Current share price for BAS : $0.066 0.014 (25.71%)+
Announcement
Release
20 Aug 2026 10:04AM
Price at Release
$0.053
Full Release
Summary
Bass Oil Limited has provided an operational update for July 2026, highlighting production and sales figures from its Cooper Basin and Indonesian oil fields. The company's total sales revenue for July amounted to A$405,527, with Indonesian operations remaining consistent at 140 bopd and Cooper Basin operations producing 2,512 barrels despite rain-related delays in sales. Activities to recommission the Vanessa gas field are progressing, aiming for first gas sales by year-end. The reprocessing of seismic data in the Kiwi field shows promising results, enhancing exploration potential. The Bunian 6 well in Indonesia is nearing completion, expected to double production upon coming online.
Key Points
- Total July sales revenue: A$405,527
- Cooper Basin production: 2,512 barrels
- Indonesian production: 4,326 barrels
- Vanessa gas field recommissioning underway
- Kiwi seismic data reprocessing yields positive results
- Bunian 6 well completion expected by end of August
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.
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