Bass Oil Ltd (AU:BAS) has released an update.
Bass Oil Limited has reported a 13% increase in monthly production to 9,239 barrels and a 10% rise in sales revenue to US$543,218 in July, crediting operational efficiency and no unplanned downtime. The Australian oil producer, active in the Cooper Basin and Indonesia, anticipates further production gains from improved field operations and is advancing a deep coal commercialization study, with promising prospects of significant gas resources.
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