Bass Oil Iidentifies Significant Gas Resource in Cooper Basin Permit PEL 182

Source: www.gulfoilandgas.com 11/16/2022, Location: Not categorized

The ASX announcement released at 9.34am on the 16th November 2022 contained an error in the Highlights and in the 2nd paragraph of the Summary.

The 2nd highlight should have been: The play exists in PEL 182 (Bass 100% and operator), where Fluid has identified a potential gas in place of 21 TCF along with 845 Million Barrels in place of condensate/oil And the 2nd paragraph should have been: The Deep Coal Gas Prospective Resource Report quantified the gas potential contained in PEL 182 (Bass 100%) in the Cooper Basin, South Australia at a “best estimate” of 21 TCF of gas in place along with accompanying 845 million barrels of condensate/oil in place.


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