Bass Oil Ltd (AU:BAS) has released an update.
Bass Oil Limited has announced positive results from the Kiwi-1 flow test, highlighting the commercial potential of its Kiwi gas field. With an after-tax net present value of $36 million, the asset promises substantial returns, driven by impressive condensate yields and minimal reservoir depletion. The company is now exploring funding options to expedite full production and enhance shareholder value.
For further insights into AU:BAS stock, check out TipRanks’ Stock Analysis page.
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