ASIA

Increased production and stronger oil price lead way for Bass 

MELBOURNE'S Bass Oil has reported cash of A$2.35 million for the beginning of April, a 14% increase, after setting its sights on increased Indonesian production this year in its South Sumatra Basin holdings.

 Tino Guglielmo

Tino Guglielmo

The slight reporting extension to April reflects delayed receipt from partner Pertamina of January revenue slated for payment in mid-March.   Production for the March quarter lifted slightly over December...

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