Bass Oil Ltd · ASX:BAS
Bass Oil — Shareholder Meeting (April 2022)
9 slides from Bass Oil's shareholder meeting presentation, Apr 8, 2022
Slide 1: Extraordinary General Meeting
ASX:BAS www.bassoil.com.au For personal use only April 2022 Extraordinary General Meeting
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 (ASX:BAS) (“Bass” or the “Company”) with the purpose of providing general information about the Company. It should not be considered as an offer or invitation to su
Slide 3: Bass Oil Limited Corporate Snapshot
BASS OIL LIMITED CORPORATE SNAPSHOT Capital Structure1 Share Price History For personal use only 0.50 500 Share Price (4 April 2022) A$0.002 Shares on Issue 4.6b 0.45 450 Market Capitalisation A$9.2m 0.40 400 Cash (31-Dec-21) A$2.1m 0.35 350 Debt (31-Dec-21) Nil Share Price (cents) 0.30 300 Volume (
Slide 4: Cooper Basin Acquisitions
COOPER BASIN ACQUISITIONS Bass has executed Sales and Purchase Agreements with Cooper Energy Limited (“Cooper”) and Beach Energy Limited For personal use only (“Beach”) to acquire a portfolio of interests in the Cooper Basin § Bass to obtain interest in eight Cooper Basin tenements for total cash co
Slide 5: Cooper Basin Interests to be Acquired
COOPER BASIN INTERESTS TO BE ACQUIRED Bass will become one of the largest acreage holders in the Cooper Basin on transaction completion and will look to grow the production and reserves base in the region For personal use only Interest Interest Proposed Bass Asset Acquired from Acquired Commentary I
Slide 6: Transaction Rationale and Next Steps
TRANSACTION RATIONALE AND NEXT STEPS § Bass will produce ~75 bopd in Australia at a cash margin greater than A$30/bbl at For personal use only Cash flow US$80/bbl Brent on transaction completion with significant short term upside 1 generation § Strong oil price environment results in increased free
Slide 7: Placement
PLACEMENT Bass has received irrevocable commitments from sophisticated and professional investors to raise $1.2 million to fund the Beach Transaction1: For personal use only § The Placement involves the issuance of 800 million new ordinary Bass shares at $0.0015 per share § Raise participants will b
Slide 8: Capital Management Initiatives
CAPITAL MANAGEMENT INITIATIVES Given this milestone achievement, Bass aims to complete a share consolidation and minimum holding buy-back to ensure the Company is positioned for growth going forward1 For personal use only Share Consolidation: § Bass aims to complete a 30-to-1 Share Consolidation whi
Slide 9: For personal use only
This presentation has been authorised for release by the Board of Bass Oil Limited For further information, please 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 March 2022 9