Bass Oil

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Why Invest

Roboto

ASX:BAS

Ongoing oil production in both Australia (Cooper Basin) and Indonesia provides steady revenue.

Low operating costs mean each barrel sold generates a high profit margin.

Recent updates show production and sales increasing month-on-month.

The company is debt-free, so most earnings fuel growth and returns.


100% ownership of the Worrior and Padulla oilfields (acquired 2022), together producing about 100 barrels of oil per day.

Low extraction costs in these mature fields translate to high profit per barrel (roughly A$52 profit on US$100 oil).

Bass controls roughly 1,600 km² of prime Cooper Basin acreage with multiple prospects (Athelstan, Tyrell) near existing wells.

Ongoing drilling and development programs in the Cooper Basin aim to further boost production from this portfolio.

Growth Strategy to be delivered by Experienced Team:

Leadership has decades of oil-and-gas experience and a track record of extending field lives and creating value.

Bass Oil remains debt-free and raises capital only for clear growth projects (e.g. a recent $3M capital raise to fund the Vanessa gas field purchase and the $3.5M grant from the South Australian Government for the Kiwi Gas Project).

The company emphasises cost-efficient development and smart technology to maximise returns on its assets.

Operating in high-demand energy markets (Australia and Indonesia) under supportive policies provides a strong backdrop for future growth.

Acquired 100% of the Vanessa gas field in the Cooper Basin, including a ready-to-use well, processing plant, and pipeline.

This lets Bass enter Australia’s natural gas market immediately, diversifying beyond oil.

The Vanessa field contains both conventional gas and untapped “tight” gas; plans are underway to stimulate the well and increase gas output.

The company is also evaluating other onshore gas prospects (like the Kiwi gas discovery and deep-coal targets) to grow its gas portfolio.


Operator (55% interest) of the Tangai-Sukananti oilfields in South Sumatra, which have delivered reliable output and profit since 2017.

These fields generate about 140 barrels per day (net to Bass) and hold substantial remaining oil reserves.

The production license was recently renewed to 2035 after a modest work commitment, underscoring strong regulatory support.

Positioned for growth and value creation by increased oil production and first gas sales

Why Invest With Bass Oil

Growing Oil Production & Cash Flow

Major Cooper Basin Asset Base

Experienced Management & Effective Growth Strategy

Expanding into the East Coast Gas Market

Strong Indonesian Oil Operations

Bass Oil Limited