Bass Oil Ltd · ASX:BAS
Bass Oil — Shareholder Meeting (May 2024)
12 slides from Bass Oil's shareholder meeting presentation, May 21, 2024
Slide 1: AGM Presentation May 2024
For personal use only BASS OIL AGM Presentation May 2024 ASX:BAS www.bassoil.com.au
Slide 2: Executive Summary
EXECUTIVE SUMMARY Bass Oil – A profitable ASX listed Energy company well positioned for growth • Bass Oil is an Australian-listed oil producer that holds a majority interest in eight permits in the Cooper Basin For personal use only including the 100% owned Worrior and Padulla oil fields and a 55% i
Slide 3: Corporate Snapshot
BASS OIL | CORPORATE SNAPSHOT Snapshot Ownership Summary2 Share Price For personal use only ASX Code BAS Directors and Staff 0.14 4,000,000 9% Shares (Ordinary) 290,431,560 3,500,000 0.12 3,000,000 Options (Unlisted) - 0.10 2,500,000 Options (Listed) 132,340,7891 0.08 Institutional and 2,000,000 Cor
Slide 4: Kiwi Gas | Commercialisation Strategy
KIWI GAS | COMMERCIALISATION STRATEGY A successful EPT at Kiwi will confirm commerciality and provide a clear pathway to the gas market ▪ Kiwi 1 drilled in 2003 discovered gas and flowed 9.6 MMCFD on a Drill For personal use only Stem Test. ▪ Bass team utilising 3D seismic has assessed the Kiwi gas
Slide 5: Deep Coal Gas Commercialisation Study
DEEP COAL GAS COMMERCIALISATION STUDY Commercialisation study follows November 2022 Deep Coal Gas Prospective Resource study ▪ Permian coals have long been recognised as the source of most of the For personal use only conventional hydrocarbons discovered and produced in the Cooper Basin. ▪ The sourc
Slide 6: Key Milestones
KEY MILESTONES Kiwi 1 EPT and PEL 182 Deep Coal Gas Study For personal use only Action / Event Expected Completion Earthworks for road access / lease prep June 2024 Rig mobilisation to Kiwi-1 June 2024 Complete Kiwi-1 Test and analyse results End July 2024 Commence Deep Coal Gas Study April 2024 Res
Slide 7: Supplementary Information
For personal use only SUPPLEMENTARY INFORMATION
Slide 8: Cooper Basin | Portfolio Overview
COOPER BASIN | PORTFOLIO OVERVIEW Diverse portfolio in the renowned Cooper Basin • 2 Pipeline Licenses (PPLs) • 5 Retention Licenses (PRLs) For personal use only No. of Permits • 1 Exploration License (PEL) • 100% interest in PPLs 207 and 221 • 100% interest in PRLs 188-190, 231-233, and 245-246 Int
Slide 9: Warra Ridge Prospective Opportunity
WARRA RIDGE PROSPECTIVE OPPORTUNITY Preliminary assessment indicates significant Oil Prospective Resource For personal use only ▪ As part of the prospectivity review of all recently acquired permits, Bass has identified a potential oil trend in the southern Cooper Basin along the Warra ridge in the
Slide 10: South Sumatra Basin | Portfolio Overview
SOUTH SUMATRA BASIN | PORTFOLIO OVERVIEW Profitable producer in prolific oil and gas region No. of Permits • 1 Production License (KSO) For personal use only Interest • 55% interest and operator • Tangai-Sukananti Oil fields: o The Company's acquisition of the Tangai-Sukananti KSO in 2017 transforme
Slide 11: Resources & Reserves Statement
RESOURCES & RESERVES STATEMENT Developed and Undeveloped Resources & Reserves, as at 31 December 2023 For personal use only Field Reserves (MMbbl)1 3P (Proved, Probable & 1P (Proved) 2P (Proved & Probable) Possible) Australia 0.158 0.366 0.669 Indonesia 0.189 0.439 0.914 Total Reserves 0.347 0.805 1
Slide 12: Bass Oil Limited
For personal use only BASS OIL LIMITED Tino Guglielmo – Managing Director tino.guglielmo@bassoil.com.au +61 3 9927 3000 www.bassoil.com.au