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INDEPENDENT RESOURCE CERTIFICATION
JUDITH GAS FIELD
VIC/P47, OFFSHORE GIPPSLAND BASIN
Bass Strait Oil Company Limited (ASX: BAS), as operator of the Vic/P47 Joint
Venture, is pleased to announce that internationally recognized consultants, Gaffney,
Cline & Associates (GCA) have completed an independent resource certification of
the Judith Gas Discovery and associated prospects in offshore Gippsland Basin
permit Vic/P47. The Vic/P47 joint venture consists of:
Bass Strait Oil Company Ltd (ASX: BAS) 40% and Operator
Moby Oil & Gas Limited (ASX: MOG) 35%
Eagle Bay Resources NL (ASX: EBR) 25%
Summary points from GCA Judith Gas Field Resources Certification Letter:
• 290 metre gross gas column, 135.5 metres net pay at Judith-1 well
• Contingent plus Prospective Gas Initially In-Place (GIIP), for the Greater
Judith Area (Bscf*):
Best estimate = 621.0
High estimate = 2,314.0
• Recoverable Contingent Resources, Judith Discovery (Bscf):
Best estimate = 193.7
High estimate = 934.2
• Additional Recoverable Prospective Resources,