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Bunian 6 Weekly Progress Report

Released

Latest announcements

Announcement summary

Bunian 6 Weekly Progress Report

Highlights

  • Bass advises that the high impact Bunian 6 oil development well at 0600 hours today is drilling ahead at xxx metres to the surface casing point of 410 metres

  • The well is expected to boost Indonesian oil production from 250 bopd to 750 bopd (100% share) coming online in early July - Bass is Operator and 55% interest holder in the permit

  • The expenditure is cost recoverable against existing production under the terms of the KSO

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