BAS 4.76% 6.0¢ bass oil limited

News: BAS Bass Oil Says Production At Tangai-Sukananti Remains Largely Unaffected, page-8

  1. 3,117 Posts.
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    $20 covers field operating costs but I doubt it covers total finding costs of the oil nor Tinos salary nor asx listing costs or biscuits and tea so I doubt you are going forward. Would be better to put it all on care and maintenance that produce all your reserves now at break even or below and then have no money left when you need to drill more wells as these ones have watered out.
 
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