Australia's Bass Oil climbs to over 1-year high on Origin Energy supply agreement

Origin Energy

08/12/2025 02:05

** Shares of Bass Oil BAS.AX rise as much as 173.5% to A$0.093, their biggest intraday pct gain
** The oil producer hits its highest level since September 23, 2024
** Co signs an agreement to supply gas to major Australian power producer Origin Energy ORG.AX from Vanessa Gas project, which is being acquired by Bass Oil
** About 29.8 million shares change hands vs the 30-day average of 186,701
** YTD, shares up 44.3%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))