Sign up
Oil Capital

Bass Oil set to drill 'a low-risk and very high-impact well' with Bunian 5

Bass Oil Ltd (ASX:BAS) managing director Tino Guglielmo updates Proactive Investors on increased reserves, increasing production, and expanded criteria in the search for additional Indonesian oil assets.

Guglielmo says, "The Buyian 5 well is going to be at least as good as the Bunyan 3 well was...  it's not a stretch for post-drill Bunian 5 to take us to our capacity. So it's a low-risk and very high-impact well for us, and as a result we're very keen to drill it."

 

View full BAS profile View Profile
View All

© oil Capital 2019

Oil Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed oil companies to interact with institutional and highly capitalised investors.
Headquartered in London, Oil Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.