Bass Oil Limited (ASX:BAS)
Bass Oil Limited is an Australia-based exploration and production company containing onshore oil production in Indonesia and the Cooper Basin. The Company is engaged in building a substantial onshore Australian and Indonesian oil and gas business with a focus on Cooper Basin and production in South Sumatra. The Company's Tangai-Sukananti KSO project produces approximately 500 barrels of oil per day (bopd) from (55% Joint Venture (JV) share) and Worrior produces approximately 40 bopd (30% JV Share). The Company’s portfolio includes one producing license that is covering the Worrior oil field and a range of retention licenses with exploration, such as the drill ready Athelstan and Tyrell prospects. Its production license (PPL 207) Worrior Oilfield project covers 6.4 kilometers square and contains the producing Worrior oil field.