Australia's Bass Oil hits 2-week high on production results

Bass Oil

14/11/2022 03:46

** Shares of Bass Oil Ltd  BAS.AX  rise as much as 14.3% to
A$0.04, their highest since Oct. 31
    ** Oil production company says co's total daily oil
production averaged 387 barrels of oil per day (bopd) (bass
share) in Oct. with total sales of about $492,345 
    ** Says production from co's Cooper Basin increased 20% to
85 bopd for Nov. to date
    ** Says production from co's Tangai-Sukananti oil field in
Indonesia averaged 575 bopd (JV share) in Oct.
    ** More than 924,980 shares trade hands compared to 30-day
average trading volume of 433,780 shares 
    ** Shares of co are down 41.7% YTD as of last close 
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))