Bass Oil has recorded the highest monthly sales levels at its operations in the Cooper Basin, South Australia.
The total Cooper Basin monthly production was 3819 barrels produced and 3101 barrels sold at an average price of A$142.77.
These numbers from the company’s 100 per cent owned Worrior and Padulla oilfields were the highest recorded by Bass in the Cooper Basin since acquisition of the assets.
Bass Oil also recorded three per cent increase in total monthly production for October 2023, with sales revenue remaining steady.
The company noted its total sales revenue at US$689,005, while daily oil production was also steady averaging 372 barrels of oil per day for the month.
During October, the company also submitted documentation to the regulator requesting approval for the Kiwi 1 completion in the Cooper Basin.
The access road and well site was inspected in preparation for earthmoving equipment to upgrade the access for the mobilisation of the workover rig to perform the production test.