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Bass Oil Secures Gas Sales Agreement with Origin Energy

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Bass Oil Secures Gas Sales Agreement with Origin Energy

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An update from Bass Oil Ltd ( (AU:BAS) ) is now available.

Bass Oil Limited has signed a binding Gas Sales Agreement with Origin Energy for the supply of gas from the Vanessa Gas Project in the Cooper Basin, South Australia. This three-year agreement, starting in 2026, marks a significant step for Bass into the East Coast Gas Market, with the potential to commercialize the Vanessa field and unlock further gas resources in its PEL 182 permit.

The most recent analyst rating on (AU:BAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Bass Oil Ltd stock, see the AU:BAS Stock Forecast page.

More about Bass Oil Ltd

Bass Oil Limited is an Australian-listed oil producer with a majority interest in eight permits in the Cooper Basin, Australia, including the 100% owned Worrior and Padulla oil fields, and a 55% interest in a South Sumatra Basin KSO in Indonesia. The company is debt-free and focuses on creating value in both Australia and Indonesia.

Average Trading Volume: 383,491

Technical Sentiment Signal: Sell

Current Market Cap: A$10.86M

Learn more about BAS stock on TipRanks’ Stock Analysis page.

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