Bass Oil Ltd (AU:BAS) has released an update.
Bass Oil Ltd has announced a profitable year in 2023, buoyed by a full year of production from its Cooper Basin assets and strong performance in Indonesia, amidst high oil prices. Looking ahead, the company is committed to expanding its operations, aiming to become a mid-tier oil and gas producer. Shareholders are invited to the upcoming Annual General Meeting on May 21, 2024, to deliberate on the company’s financial reports and strategic resolutions, including a special resolution to increase placement capacity.
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