BAS 6.76% 7.9¢ bass oil limited

Ann: Operations Update - September 2023, page-19

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,972 Posts.
    lightbulb Created with Sketch. 123
    kiwi is in PEL 182 and is a test to see if it can be used to fund infrastructure for the PEL 182 deep coal (wherever that is)

    Byron I doubt Tino has said anything on the phone that has not already been put in announcements. You keep changing and embellishing your memories.

    https://www.naturalgasworld.com/bass-oil-identifies-gas-resources-in-pel-182-in-south-australia-102105

    The play exists in PEL 182, where Fluid has identified a potential gas in place of 21 trillion ft3 along with 845mn barrels in place of condensate/oil. “Gas from deep coals, lying below 2500 m, represents a new significant gas play in the Cooper basin and potential new material source of gas for the domestic market,” Bass said. The company said it plans to conduct further studies to identify the best commercialization strategies. “This is a very exciting development for Bass and its shareholders. At a time when the domestic gas market continues to face huge challenges meeting demand, this new potential gas resource represents a credible material contributor of gas to the domestic market,” CEO Tino Guglielmo said.
 
watchlist Created with Sketch. Add BAS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.