BAS 8.45% 6.5¢ bass oil limited

So going through a few numbers here based on the new production...

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    So going through a few numbers here based on the new production uplift announcement.

    Current production - 650 bopd = 10,874 per month (net to Bass on 55% share)

    Future Production (scheduled to reach full capacity during April) - Worst case, increase of 150 bopd, best case increase of 250 bopd which will take it to:

    Worst Case
    - 800 bopd = 13,383 per month (net to Bass on 55% share)

    Best Case
    - 900 bopd =  15,056 per month (net to Bass on 55% share)

    This is a massive increase and I am estimating we could be making anywhere from $500-$600k per month profit.

    Very exciting year ahead for Bass.  The above optimisation is a game changer as we can drill existing targets from free cashflows, acquisitions are now back on the map and field optimsations are continuing. DYOR.
 
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