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How Will Bass Oil Capitalise on Vanessa Gas Field Approval Amid Production Delays?
10:12am on Friday 27th of March, 2026 AEDT
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Energy
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How Will Bass Oil Capitalise on Vanessa Gas Field Approval Amid Production Delays?
10:12am on Friday 27th of March, 2026 AEDT
Key Points
February production averaged 220 barrels of oil per day across Bass Oil's assets
Cooper Basin sales delayed due to heavy rains, impacting revenue timing
Regulatory approval received for Vanessa gas field acquisition, enabling first gas sales in H2 2026
South Australian Government awarded $3.5 million grant for Kiwi gas field development
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