Ann: Bass Optimisation Leads to Significant Production Uplift, page-56

So going through a few numbers here based on the new production uplift announcement.

Current production - 650 bopd = 10,874 per month (net to Bass on 55% share)

Future Production (scheduled to reach full capacity during April) - Worst case, increase of 150 bopd, best case increase of 250 bopd which will take it to:

Worst Case
- 800 bopd = 13,383 per month (net to Bass on 55% share)

Best Case
- 900 bopd =  15,056 per month (net to Bass on 55% share)

This is a massive increase and I am estimating we could be making anywhere from $500-$600k per month profit.

Very exciting year ahead for Bass.  The above optimisation is a game changer as we can drill existing targets from free cashflows, acquisitions are now back on the map and field optimsations are continuing. DYOR.