EBR 0.76% 98.0¢ ebr systems inc.

ebr & mog*** news****, page-2

  1. 2,036 Posts.
    Released last night........should be a good day for all comp's...BAS is delighted to have delivered a gas discovery at Moby-1 within weeks of the
    Company's Initial Public Offering and ASX listing.

    Bass Strait Oil Company Ltd (Operator) 40% (ASX Code: BAS)

    Moby Oil & Gas Limited 35% (ASX Code: MOG)

    Eagle Bay Resources NL 25% (ASX Code: EBR)





    RELEASE MOBY 1 ­ VIC/P47 DAILY REPORT ­ 18thOCTOBER 2004

    Bass Strait Oil Company Ltd (ASX Code: BAS), the Operator of the Vic/P47 Joint Venture,
    advises that operations at the Moby-1 gas discovery well have been successfully concluded
    and that the Ocean Patriot drilling rig has been released.

    This is the last daily report for Moby-1. Additional commentary on the Moby discovery will
    be released as technical analysis is completed.

    BAS is delighted to have delivered a gas discovery at Moby-1 within weeks of the
    Company's Initial Public Offering and ASX listing.

    BAS is now scheduled to drill the ZaneGrey-1 well in Vic/P42 in late December 2004.

    Participants in the Moby-1 well are:

    Bass Strait Oil Company Ltd (Operator) 40% (ASX Code: BAS)

    Moby Oil & Gas Limited 35% (ASX Code: MOG)

    Eagle Bay Resources NL 25% (ASX Code: EBR)


    Andrew Adams
    General Manager, Commercial
    18thOctober 2004
 
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