Bass Oil Ltd · ASX:BAS
Bass Oil — Shareholder Meeting (May 2021)
8 slides from Bass Oil's shareholder meeting presentation, May 25, 2021
Slide 1: Bass Oil 2021 AGM
Bass Oil 2021 AGM 25 May ASX:BAS www.bassoil.com.au For personal use only Oil production in Indonesia with substantial regional potential
Slide 2: Disclaimers and Important Notices
DISCLAIMERS AND IMPORTANT NOTICES Forward Looking Statements: 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 fo
Slide 3: Bass Oil Limited: Corporate Snapshot
BASS OIL LIMITED (ASX:BAS): CORPORATE SNAPSHOT Capital Structure Share Ownership Summary For personal use only Market Cap @ 0.30c (18-May-20) A$10.02 m Cooper Energy 11% Shares On Issue 3.342 m Tino Guglielmo 9% 3% Cash Estimate (31-Mar-21) ~US$0.1M 3% Tattersfield Group 74% Debt (1-Mar-21) Nil Mark
Slide 4: Existing Asset: Low Cost, Profitable Production
EXISTING ASSET: LOW COST, PROFITABLE PRODUCTION For personal use only Bass holds a 55% JV interest in and Operates the producing Tangai-Sukananti KSO in the oil rich South Sumatra Basin Experienced on-ground Indonesian team manages the operations Consistent production at the long-life Fig 1: T
Slide 5: Existing Asset: To Provide Growth Potential
EXISTING ASSET: TO PROVIDE GROWTH POTENTIAL For personal use only Low risk development potential to accelerate production in both Bunian and Tangai fields Field studies post drilling of successful Bunian 5 well strongly suggest a field extension in Bunian West Potential reserve increment of al
Slide 6: Why Invest in Bass Oil?
WHY INVEST IN BASS OIL? For personal use only • Bass remains debt free • Indonesian production steady and costs reduced • Preparations underway for the impactful 2021 drilling program commencing in Q4 • Genuine value-add acquisition opportunities both in Indonesia and Australia are Bass focus Annual
Slide 7: Senior Management and Directors
SENIOR MANAGEMENT AND DIRECTORS Board of Directors Executive Management For personal use only Peter Mullins 40 year senior banking career experience in Giustino 38 year Australian and international executive Non Australia and New York as key Commonwealth Guglielmo petroleum engineering career, E
Slide 8: Contact
For further information, please do not hesitate to contact: For personal use only BASS OIL LIMITED Tino Guglielmo – Managing Director tino.guglielmo@bassoil.com.au +61 3 9927 3000 www.bassoil.com.au Annual General Meeting • 25 May 2021 8