All looking good. Production stable. Looking to double production Oct / Nov and increase reserves.
“Development PlanningBass received drilling rig tenders for the drilling of the Bunian 5 well. The team in Jakarta has negotiated and finalised contract terms and conditions with the preferred tenderer. The contract award recommendation has been approved by Pertamina.
The aim is to drill the Bunian 5 as soon as the rig is available which is now likely to be October.Bunian 5 is expected to double production from the field taking up the remaining available production capacity of the Tangai-Sukananti field facilities as well as increasing developed reserves.”
BAS Price at posting:
0.2¢ Sentiment: None Disclosure: Held
