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Bass Oil Raises $3M to Enter East Coast Gas Market and Boost Oil Output
10:12am on Monday 16th of March, 2026 AEDT
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Energy
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Bass Oil Raises $3M to Enter East Coast Gas Market and Boost Oil Output
10:12am on Monday 16th of March, 2026 AEDT
Key Points
Raised $3 million via placement of 47.6 million shares at $0.063 each
Funds to complete Vanessa gas field acquisition and recommissioning
Drilling of Bunian 6 oil development in Indonesia underway
Secured three-year gas sales contract with Origin Energy
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Bass Oil (ASX:BAS)
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