Bass Oil


All posts for Bass Oil

Australia’s Bass Oil Acquires North Madura PSC to Expand its Indonesian Portfolio

HIGHLIGHTS Bass to acquire 100% participating interest in highly prospective block adjacent to a number of producing fields Bass technical team has evaluated previous work conducted and will commence planning in 2019 for drilling the prospect as soon as possible. Bass will operate the per ...

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Posted 1 month agoPress > AustraliaBass OilNorth Madura +3

Bass Achieves Record Oil Production at Tangai-Sukananti

Bass Oil (ASX: BAS) is pleased to announce that it has produced a record monthly oil production of 27,795 barrels of oil JV share, or 15,287 barrels Bass share, from its Indonesian Tangai-Sukananti KSO during the month of October. This represents an average daily rate of 896 barrels of oil per ...

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Posted 1 month agoPress > Bass OilBassProduction +5

Bass Expands Relationship With Leading Indonesian and South Korean Universities to Focus on Increasing Oil Recoveries

Australian based Indonesian oil producer Bass Oil (ASX: BAS) is pleased to announce that it has entered into a Memorandum of Understanding (MoU) with the Bandung Institute of Technology (ITB), Indonesia, and Sejong University, South Korea. The focus of the MoU is to evaluate the potential of “C ...

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Posted 1 month agoPress > IndonesiaSouth KoreaUniversity +5

Australia's Bass Oil Heading For Record Monthly Output In October Form Onshore Indonesian Wells

Bass Oil (ASX: BAS) is pleased to announce that during October it has achieved sustained high daily oil production levels averaging almost 900 barrels of oil per day (bopd) Joint Venture share, at the Tangai Sukanati KSO. The company is on track to challenge the previous Joint Venture producti ...

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Posted 1 month agoPress > AustraliaBass OilASX +5

Seventh Month High Oil Output in Indonesia for Australia's Bass Oil

Daily Production achieved levels not seen since March 2018 Highlights September production volumes totaled 17,081 barrels of oil (JV share) or 9,395 barrels (net to Bass), a 53% increase over August production Daily production increased to levels of between 850 barrels of oil per day (b ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Bass OilAustraliaIndonesia +1

Cash Payment for Bass Oil in Part Settlement of Royalty Dispute

Australian oil company, Bass Oil Ltd (Bass) (ASX:BAS) is pleased to announce a negotiated settlement of a royalty dispute between Bass and one of the parties to the dispute (“Settlement Party”) and the associated termination of the royalty as between Bass and that Settlement Party. Bass will r ...

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Posted 2 months agoPress > Bass OilCashRoyalty Dispute +1

Melbourne's Bass Eyes Strong FY Oil Production After Repairs Completed to Onshore Indonesian Wells

Highlights Continuing high monthly average oil price of US$67.64 realised from sales from theCompany's 55%-owned Tangai-Sukananti oil field in onshore Sumatra, Indonesia August production volumes totalled 11,156 barrels of oil (JV share) or 6,136 barrels (net to Bass) August oil sale ...

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Posted 3 months agoPress > AustraliaBass OilOil +4

Bass Oil Half-Year Report

Managing Director's Report As an Australian ASX-listed company, Bass Oil (ASX:BAS) has a focus, along with our Indonesian-based field teams and partners, on expanding onshore oil production from our onshore holdings in Indonesia'sprolific South Sumatran Basin. The principal asset is a 55% ...

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Posted 3 months agoPress > Bass OilASXReport +7

Bass Oil: Budget Approved For Two New Onshore Indonesian Oil Wells

Release Date: 27 August 2018 Australian-listed, Indonesian oil producer, Bass Oil Limited (ASX:BAS) is pleased to announce that the Company has received formal approval from Indonesia's State-owned oil and natural gas corporation, PT Pertamina, for the budget to drill two onshore development o ...

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Posted 3 months agoPress > Bass OilIndonesiaOil +8

Bass Oil: Onshore Indonesian Oil Operations Update – July 2018

Highlights Continuing high monthly average oil price of US$68.52 realised on sales from theCompany's 55%-owned Tangai-Sukananti oil field in onshore Sumatra, Indonesia July production volumes totalled 11,350 barrels of oil (JV share) or 6,243 barrels (net to Bass) July oil sales ...

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Posted 3 months agoPress > Bass OilonshoreIndonesia +5

Bass Oil: Quarterly Report for the Period Ending 30 June 2018

Australia's ASX-listed Bass Oil (ASX:BAS) has a focus, along with its Indonesian-based field teams and partners, on expanding onshore oil production from its holdings in Indonesia's prolific South Sumatran Basin. The principal asset is a 55% Operator interest in the long-life Tangai-Sukananti li ...

OilVoice Press - OilVoice


Posted 4 months agoPress > Bass OilReportASX +3

Bass Oil: Onshore Indonesian Oil Operations Update – June 2018

Highlights Continuing high monthly average oil price of US$68.54 realised from sales from theCompany's 55%-owned Tangai-Sukananti oil field in onshore Sumatra, Indonesia June production volumes totalled 11,010 barrels of oil (JV share) or 6,055 barrels (net to Bass) June oil sales vo ...

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Posted 4 months agoPress > Bass OilAustraliaonshore +6

Bass Oil Extension of Acquisition Settlement Terms With Cooper Energy

Australian oil producer, Bass Oil Limited (ASX: BAS), advises that the Company has negotiated an extension to the settlement terms with Cooper Energy Limited (ASX: COE) regarding the acquisition of its 55% interest in the Tangai-Sukananti KSO in South Sumatra. Under the agreed new payback terms ...

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Posted 5 months agoPress > Bass OilCooper EnergyAcquisition +5

Bass Oil: Onshore Indonesian Oil Operations Update – May 2018

Highlights New multi-year high monthly average oil price of US$70.51 realised from sales from theCompany's 100%-owned Tangai-Sukananti oil field in onshore Sumatra, Indonesia 9% higher total May production of 18,500 barrels of oil (JV share) or 10,175 barrels (net to Bass) May oil sa ...

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Posted 5 months agoPress > Bass OilonshoreIndonesia +4

Australia's Bass Hungry for More Onshore Indonesian Oil Acquisitions After Record March Production from Sumatran Field

Release Date: 9 April 2018 Highlights Record March output as Indonesian oil field production lifts ~21% on February levels as a result of optimisation work Highest output since 2017 project acquisition Further uplift of 150-250 barrels of oil per day expected from Bunian-3 Tota ...

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Posted 8 months agoPress > AustraliaBass Oilonshore +4