Bass Oil Ltd · ASX:BAS
Bass Oil — Non-Deal Roadshow (November 2024)
11 slides from Bass Oil's roadshow presentation, Nov 13, 2024
Slide 1: Investor Presentation November 2024
For personal use only Investor Presentation November 2024 BASS OIL LIMITED AN EMERGING AUSTRALIAN GAS PRODUCER ASX:BAS
Slide 2: Disclaimer
DISCLAIMER Important Notice This do cumen t is confidential and may not be rep roduced, red istributed or passed on, dire ctly or indir ectly. This document is neither a pro spe ctus nor an offer to subscr ibe for Sha res. The pur pose of this pre sen tation is to pro vide gen eral infor mation abo
Slide 3: Company Overview
COMPANY OVERVIEW Bass Oil – An emerging Australian gas producer and profitable oil producer with major upside. ➢ Bass is an ASX listed oil producer For personal use only holding a large Cooper Basin footprint and a production licence in South Sumatra. ➢ Strong foundation of positive EBITDA and cash
Slide 4: Strategy
STRATEGY Building a profitable portfolio of high potential oil and gas assets ➢ Disciplined investment in prospective Cooper Basin assets. For personal use only Development ➢ Identify, develop and monetise strategic oil and gas assets. of assets ➢ Maintain a strong balance sheet through focus on pro
Slide 5: Corporate Snapshot
BASS OIL | CORPORATE SNAPSHOT Recent Kiwi-1 performance and Deep Coal resource play attracting further institutional interest Snapshot Ownership Summary Share Price For personal use only Directors and ASX Code BAS Staff 9% 0.14 7,000,000 0.12 6,000,000 Shares (Ordinary) 290,488,700 0.10 5,000,000 Sh
Slide 6: Investment Highlights
INVESTMENT HIGHLIGHTS Positioned to grow by supplying into a constrained east coast gas market ➢ A high equity interest in a large footprint of For personal use only prospective Cooper Basin tenements. ➢ Containing a portfolio of high-quality assets including the Kiwi gas field and PEL-182 Deep Coal
Slide 7: 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 ➢ Kiwi production test recorded rates of For personal use only 4.1 million cu-ft/day and 988 barrels of condensate per day (limited by surface equipment) ➢ A high
Slide 8: 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 the 2C resource case. Best Estimate – 2C Contingent Resource Case : 3.6 BCF
Slide 9: Deep Coal Gas Resource Play
DEEP COAL GAS RESOURCE PLAY Commercialisation study underway on 100% owned ‘Company making’ PEL-182 ➢ Recent studies indicate that the Patchawarra trough may be Australia’s For personal use only next gas resource play similar to the Beetaloo basin and Taroom trough. ➢ PEL 182 contains “best estimate
Slide 10: Outlook
OUTLOOK Asset development driving a step change in resource portfolio valuation ➢ Bass Oil is positioned for a For personal use only transformative year with the focus on two ‘Company making’ Cooper Basin gas assets. ➢ Bass to drive to a Final Investment Decision (FID) for Kiwi-1 ➢ Near term focus i
Slide 11: Contact
For personal use only Tino Guglielmo – Managing Director tino.guglielmo@bassoil.com.au +61 3 9927 3000 www.bassoil.com.au