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How Bass Oil’s Vanessa Gas Field Deal Could Transform Its Future

5:05pm on Thursday 1st of January, 2026 AEDT Energy
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How Bass Oil’s Vanessa Gas Field Deal Could Transform Its Future

5:05pm on Thursday 1st of January, 2026 AEDT
Key Points
  • Steady oil production of 21,285 barrels in June quarter
  • Cash reserves surged 79% to A$1.96 million
  • Acquisition of Vanessa gas field at nil cash cost
  • Non-renounceable rights issue raised $925,180 with 30% shareholder uptake
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