Bass Oil Ltd (AU:BAS) has released an update.
Australian-based Bass Oil Limited reported a 2% increase in April’s oil production, totaling 7,592 barrels, although sales dipped by 17.8% due to weather-related transportation disruptions. The company, operating debt-free, achieved an average sales price of A$133.02 per barrel in the Cooper Basin and US$86.90 per barrel in Indonesia, with plans to commence the Kiwi 1 gas test and conduct a deep coal study in PEL 182.
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