Bass Oil Ltd · ASX:BAS
Bass Oil — Shareholder Meeting (May 2025)
15 slides from Bass Oil's shareholder meeting presentation, May 15, 2025
Slide 1: Amendment to ASX Announcement
ASX Announcement Release date: 15 May 2025 Amendment to ASX Announcement Bass Oil Limited (ASX:BAS) is an Australian-listed oil producer that holds a majority interest in eight permits in the Cooper Basin including the 100% owned Worrior and Padulla oil fields and a 55% interest in a South Sumatra B
Slide 2: AGM Presentation May 2025 - Bass Oil Limited
For personal use only AGM Presentation May 2025 BASS OIL LIMITED AN EMERGING AUSTRALIAN GAS PRODUCER ASX:BAS
Slide 3: 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 4: Company Overview
COMPANY OVERVIEW Positioned for growth on a gas-led expansion and value creation ➢ Bass is an ASX listed energy company with oil production in the Cooper Basin and For personal use only Indonesia. ➢ Bass is debt-free, with cashflow, and led by an experienced team with proven operational capability.
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 ASX Code and Staff 0.140 7.00 BAS 9% Shares (Ordinary) 290,475,000 0.120 6.00 Share Price $0.040 Institutional 0.100 5.
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 recognising full value of Bass’ 2P reserves, leading to an undervaluation. ➢ Indicative value of Bass’ current 2P reserve exceeds the market cap by ~150
Slide 7: Vanessa Acquisition
VANESSA ACQUISITION Strategic acquisition unlocking near-term gas production and long-term growth potential. ➢ Immediate access to infrastructure, For personal use only including a production well, processing equipment, and pipeline connection to the Cooper Basin network. ➢ Creates an opportunity to
Slide 8: Capital Raising
CAPITAL RAISING Deploying capital to accelerate growth, enhance production, and unlock long-term value ➢ ~A$1.3 million – Recommission Vanessa For personal use only gas facility and lodge rehabilitation bond to enable first East Coast gas sales. ➢ ~A$1.0 million – Drill Bunian 6 to increase Indonesi
Slide 9: 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 10: 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 11: Outlook
OUTLOOK Building a profitable portfolio of high potential oil and gas assets ➢ Vanessa gas field acquisition positions Bass For personal use only for first gas sales into the East Coast market earlier that previously planned. ➢ In combination with the Phase 2 deep coal gas commercialisation study in
Slide 12: Tino Guglielmo – Managing Director
For personal use only Tino Guglielmo – Managing Director tino.guglielmo@bassoil.com.au +61 3 9927 3000 www.bassoil.com.au
Slide 13: 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 14: Indonesia – Bunian Well
INDONESIA – BUNIAN 6 WELL Bunian 6 development well to unlock increased revenue from operations For personal use only ➢ Targeted capital deployment to drill the Bunian 6 well in the Tangai-Sukananti oil field, South Sumatra Basin. ➢ Targeted production increase from ~135 bopd to ~435 bopd (Bass shar
Slide 15: Rights Issue Timetable
RIGHTS ISSUE TIMETABLE Event Date For personal use only Rights Issue announcement date and lodgement of Prospectus with ASIC and ASX 14 May 2025 Existing Shares quoted ex-rights 19 May 2025 Record Date to determine Entitlements under the Rights Issue 7:00pm (AEST) 20 May 2025 Prospectus with Entitle