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,
EBR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
