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Bass Oil Advances Kiwi Gas Project Despite Quarterly Revenue Dip
6:12pm on Sunday 1st of June, 2025 AEST
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Oil & Gas
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Bass Oil Advances Kiwi Gas Project Despite Quarterly Revenue Dip
6:12pm on Sunday 1st of June, 2025 AEST
Key Points
Quarterly revenue fell 27.3% to US$1.24 million
Production declined to 22,872 barrels due to natural field decline and equipment failure
Kiwi gas field test confirms a larger stratigraphic trap with strong economic potential
Preparations underway for Bunian 6 well drilling in Indonesia
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