Bass Oil Ltd · ASX:BAS
Bass Oil — Shareholder Meeting (November 2017)
10 slides from Bass Oil's shareholder meeting presentation, Nov 28, 2017
Slide 1: Indonesian Growth-Focused Oil Production Company – Annual General Meeting
For personal use only Indonesian Growth-Focused Oil Production Company Annual General Meeting November 2017
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Bass Oil Ltd (“BAS” or the “Company”), with the purpose of providing general information about the Company. It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company, or as
Slide 3: Bass Oil Limited (ASX:BAS) – Corporate Snapshot
Bass Oil Limited (ASX:BAS) – Corporate Snapshot Capital Structure Share Ownership Summary For personal use only Market Cap @0.4c (20-Nov-17) A$9.16M Shares On Issue 2,290,266,110 15.8% Cooper Energy Cash Estimate (Sep-17) 1.63M Tino Guglielmo Debt (Sep-17) Nil 10.0% Mark Lindh 52.0% Enterprise Value
Slide 4: Why Indonesia?
Why Indonesia? For personal use only Indonesia boasts multiple prolific hydrocarbon basins providing significant business opportunities Decreasing conventional oil/gas supply and increasing demand due to fast growing economy (GDP ~5%pa) Indonesian and Australian Governments supportive of stren
Slide 5: World Class Oil & Gas Basins
World Class Oil & Gas Basins For personal use only Sumatra is Indonesia’s most established hydrocarbon province – ideal platform for building a regional business Discovered hydrocarbons in Indonesia onshore provinces Source: Lion Energy (ASX:LIO) and IHSE (onshore oil & gas reserves shown only) Annu
Slide 6: Tangai-Sukananti – Simple, low cost & profitable
Tangai-Sukananti – Simple, low cost & profitable For personal use only Bass is one of few ASX-listed oil companies with production Currently producing in excess of 600 BOPD (100% JV share) Bass hold a 55% interest in the Tangai-Sukananti production assets in the South Sumatra Basin, a prolific
Slide 7: High-impact Field Development Opportunities
High-impact Field Development Opportunities For personal use only Substantial quantity of oil reserves remain undeveloped, within the Bunian and Tangai fields Bass aim to mature a low-risk drilling program to increase developed reserves base and accelerate future production Significant field e
Slide 8: Growth Through Acquisitions
Growth Through Acquisitions Bass committed to expanding our For personal use only Indonesian footprint Existing asset lies in close proximity to numerous prolific oil & gas fields - synergies with Sukananti KSO Solid platform for pursuing additional value-accretive acquisitions Bass to lever
Slide 9: Investment Case
Investment Case For personal use only Current production consistently in excess of 600 bopd (100% JV share) Strong Cash Flow Free cash flow generated from assets to cover all corporate overheads in Australia and Indonesia Generation Acquisition is self-funding - cash flow expected to pay all d
Slide 10: Contacts
Contacts For personal use only For further information, please do not hesitate to contact: BASS OIL LIMITED ADELAIDE EQUITY PARTNERS LIMITED Tino Guglielmo Jay Presepio tino.guglielmo@bassoil.com.au jpresepio@adelaideequity.com.au +61 3 9927 3000 +61 8 8232 8800 +61 407 336 668 +61 450 746 797 Annua