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MARKETS

Bass to acquire Cooper assets, form jv with Beach

BASS Oil has inked an agreement with Cooper Energy to take its non-operated share of Cooper Basin oil assets for A$650,000, giving them a 2P and 2C boost and a joint venture with Beach Energy.

Mark Tilly
Increases 2P reserves by 50K

Increases 2P reserves by 50K

In total the acquisition will increase Bass's 2P reserves by 54,000 barrels and 2C contingent reserves by 200,000 barrels as it takes a series of assets that include one producing field and some exploration...

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