Bass Strait Oil Company Ltd
Bass Strait Oil Company Ltd (ASX code: BAS) is a petroleum explorer with an exploration portfolio currently focused on southeast Australia. This offers access to prospects of material scale in world-class basins, a database of modern 3D seismic data, established infrastructure, strong gas markets and the benefits of Australia's stable jurisdiction.
The highly experienced BAS team has assembled a quality exploration portfolio in the Gippsland Basin which targets both oil and gas plays. The Company's permit interests provide shareholders with strong leverage to high-impact discovery potential.
The Company has a strong committed shareholder base where it's Board and management holds a 30% interest and Cooper Energy holds 22% interest. The Board's focus is to extract value from it's Gippsland Basin permits for all shareholders.