Bass Oil Ltd (AU:BAS) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Bass Oil Limited has announced positive results from the Kiwi-1 flow test, highlighting the commercial potential of its Kiwi gas field. With an after-tax net present value of $36 million, the asset promises substantial returns, driven by impressive condensate yields and minimal reservoir depletion. The company is now exploring funding options to expedite full production and enhance shareholder value.
For further insights into AU:BAS stock, check out TipRanks’ Stock Analysis page.