BAS 7.02% 6.1¢ bass oil limited

Ann: Onshore Indonesian Oil Operations Update - December 2021, page-3

  1. 358 Posts.
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    Yes and no.

    "The Cooper basin acquisition announced on 12 July 2021 is progressing to completion" - Remains the same. Expect news soon, as we have been for a while.
    "Approvals have been granted, procurement is ongoing and earthworks are to commence shortly for the drilling of the Tangai 5 well, scheduled to start at the end of March 2022" - We now have a date and further concrete progress. Although noting procurement is still ongoing so any dates more a wishlist.

    Still remain quietly confident but as with yourself, frustrated with timelines.
 
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