Bass Oil Ltd · ASX:BAS
Bass Oil — Shareholder Meeting (October 2015)
9 slides from Bass Oil's shareholder meeting presentation, Oct 28, 2015
Slide 1: Annual General Meeting
For personal use only ANNUAL GENERAL MEETING 28 October 2015
Slide 2: Corporate Summary
CORPORATE SUMMARY BAS Board and management are committed to extracting value from the Company’s Gippsland Basin portfolio For personal use only Key Highlights Capital Structure Completion of Technical Review Shares on Issue 804.4M Leatherjacket Oil Discovery - net unrisked 2C Contingent Market Cap
Slide 3: Board Structure
BOARD STRUCTURE The Directors of BAS have a proven track record of creating shareholder wealth For personal use only Peter Mullins Hector Gordon Non-Executive Chairman Non-Executive Director • Corporate finance • Petroleum geologist • Former Director of Somerton Energy (acquired • Former MD of Somer
Slide 4: Gippsland Basin Portfolio
GIPPSLAND BASIN PORTFOLIO For personal use only Gippsland Basin gas in high demand due to expected east coast gas shortage Gippsland Basin Portfolio Overview BAS operates two permits; Vic/P41 (64.565%) and Vic/P68 (100%) These permits are generally within a subsea completion tie back distance to
Slide 5: Gippsland Basin Technical Review
GIPPSLAND BASIN TECHNICAL REVIEW For personal use only Completed Technical Review to add significant value to BAS acreage Leatherjacket Oil Discovery First comprehensive review of the Leatherjacket Oil Discovery estimates net unrisked 2C Contingent Resources of 8 million barrels of recoverable oil
Slide 6: Summary
For personal use only SUMMARY BAS poised to leverage its strategic Gippsland Basin acreage to deliver value for shareholders Highly experienced oil and gas team with a track record of creating shareholder wealth Existing assets strategically positioned to benefit from East Coast gas thematic M
Slide 7: Statements of Compliance
STATEMENTS OF COMPLIANCE Methodology For personal use only BAS has undertaken a Contingent and Prospective Resources assessment using probabilistic resource estimation for the upper Latrobe group reservoirs with respect to the Leatherjacket Oil Discovery and the LJ 3 Oil Lead. The same methodology w
Slide 8: Contacts
For personal use only CONTACTS EXECUTIVE DIRECTOR Tino Guglielmo +61 3 9927 3000 +61 407 336 668 INVESTOR RELATIONS Christian Calabrese +61 8 8232 8800 +61 431 877 682
Slide 9: Appendix – Eastern Australia Gas Market
APPENDIX – EASTERN AUSTRALIA GAS MARKET For personal use only Existing BAS assets are strategically positioned to benefit from East Coast gas thematic Transformational change expected for the Australian east coast gas market Robust outlook for domestic commercial demand Potential coal seam gas