BAS 1.28% 7.9¢ bass oil limited

Ann: Onshore Indonesian Oil Operations Update - December 2019, page-26

  1. 1,873 Posts.
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    Rereading my Sunday email reply from Tino, he says he thinks that the quarterly will be out later this week.
    I’m thinking that means Thursday or Friday. The drilling of Bunian 5 has been a major success, though we haven’t doubled our oil production yet. I feel being over 1,000bopd is rather significant.

    If we have been reimbursed for Bunian 5 and we are making a profit instead of breaking even we should have a few dollars floating around and A big increase in money in the bank.
    It is not a full quarter at the increased production numbers but the last two months have been up a couple of hundred bopd.
    Should be news regarding repairing/replacing the broken pump in the other well!!

    Cheers

    Saltbus
 
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