Bass Oil Ltd · ASX:BAS
Bass Oil — Investor Presentation (March 2025)
12 slides from Bass Oil's investor presentation, Mar 19, 2025
Slide 1: Investor Update – An Emerging Australian Gas Producer
For personal use only Investor Update March 2025 BASS OIL LIMITED AN EMERGING AUSTRALIAN GAS PRODUCER ASX:BAS
Slide 2: Disclaimer
DISCLAIMER Important Notice This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly. This document is neither a prospectus nor an offer to subscribe for Shares. The purpose of this presentation is to provide general information about Bass Oil Ltd (
Slide 3: Company Overview
COMPANY OVERVIEW An emerging E&P business focused on profitability combined with material upside ➢ Bass Oil Limited is an Australia-based For personal use only diversified oil and gas company, with a Australian portfolio of assets in the Cooper Basin. ➢ Strong foundation of positive EBITDA and cash
Slide 4: Investment Highlights
INVESTMENT HIGHLIGHTS Positioned to grow by supplying into a constrained east coast gas market ➢ Direct access to the East Coast Gas Market For personal use only ▪ Spot prices have remained high over the past 3 years. Bass Assets ▪ The market is expected to face supply shortages from 2027. ➢ Cooper
Slide 5: Bass Oil | Corporate Snapshot
BASS OIL | CORPORATE SNAPSHOT Company is committed to becoming a mid-tier oil and gas producer Snapshot Ownership Summary Share Price 12-Month Chart For personal use only Directors and Staff 0.14 7.00 ASX Code BAS 9% Shares (Ordinary) 290,475,000 0.12 6.00 Share Price $0.051 0.10 5.00 Institutional
Slide 6: Bass Currently Deeply Undervalued
BASS CURRENTLY DEEPLY UNDERVALUED Current valuation of resources exceeds the company's market capitalisation For personal use only ➢ The market not recognizing Bass’ 2P reserves, leading to an undervaluation. ➢ Indicative value of Bass’ current 2P reserve exceeds the market cap by ~150%1 ➢ This valu
Slide 7: Deep Coal Gas Resource Play
DEEP COAL GAS RESOURCE PLAY Phase 2 SLB study underway on 100% owned ‘Company making’ PEL-182 ➢ PEL 182 contains “best estimate” of 21 For personal use only TCF of gas in place, along with an accompanying 845 million barrels of condensate in place1,2 ➢ Recent studies indicate that the Patchawarra tr
Slide 8: Kiwi Gas Discovery | Million Barrel Opportunity
KIWI GAS DISCOVERY | MILLION BARREL OPPORTUNITY Bass’ 100% owned Kiwi gas field – surpasses economic threshold with high condensate yield For personal use only ➢ Kiwi production test recorded rates of 4.1 million cu-ft/day and 988 barrels of condensate per day (limited by surface equipment) ➢ A high
Slide 9: Kiwi Gas Discovery | Economic Screening
KIWI GAS DISCOVERY | ECONOMIC SCREENING Economic screening results demonstrate commerciality and double Bass current market value ➢ Recent screening economics generate For personal use only indicative ATAX NPV of $24.0MM for Best Estimate – 2C Contingent Resource Case : 3.6 BCF the 2C resource case.
Slide 10: Evaluating Larger Triassic Gas Play
EVALUATING LARGER TRIASSIC GAS PLAY Study to quantify the significant potential in the Company’s Northern Cooper Basin tenements ➢ Bass has identified significant potential For personal use only in Triassic aged sediments within its majority owned tenements. ➢ Bass will undertake a study to evaluate
Slide 11: Outlook
OUTLOOK Building a profitable portfolio of high potential oil and gas assets ➢ Bass Oil is positioned for a transformative For personal use only year with the focus on two ‘Company making’ Cooper Basin gas assets. Patchawarra Trough Gas Resource ➢ Phase 2 of Deep Coal Study to identify well and frac
Slide 12: Contact
For personal use only Tino Guglielmo – Managing Director tino.guglielmo@bassoil.com.au +61 3 9927 3000 www.bassoil.com.au