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MARKETS

Bass Oil to raise A$3m for Tangai-Sukananti drilling

AUSSIE junior Bass Oil launched a capital raise for A$3 million on Friday to fund drilling of two low-risk wells at its Tangai-Sukananti project in South Sumatra.

Mark Tilly
Company to invest further in Indonesia

Company to invest further in Indonesia

The program is expected to double field production capacity from 700 barrels of oil per day to roughly 1,400bopd.    The capital raise will be in two parts: a placement of new shares and a non-renounceable...

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