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bass street success, page-4

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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,
 
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