Bunian 6 Weekly Progress Report

Bunian 6 – Present depth is 1012 metres - at 0600 hours 17 July, drilling operations have been suspended pending the delivery of replacement mud pumps by the drilling contractor

Drilling operations are expected to resume on or about 24 July following testing of the replacement mud pumps

The well, once completed, is expected to boost Indonesian oil production from 250 bopd to 750 bopd (100% share) coming online in late August - Bass is Operator and 55% interest holder in the permit

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