Oil production
Bass Oil operates oil fields and produces crude oil from its working interests in Indonesia. The company manages well operations, lifting crude, and selling the oil it produces.
Customers and revenue model
Bass Oil Ltd
ASX:BAS
Bass Oil Ltd
ASX:BAS
Price on Oct 14:
0.059
AUD
Market Cap:
AU$21.7m
Prices of ASX stocks are not being updated. The latest BAS price on Alpha Spread is from Oct 14, 2026. Financials, forecasts and intrinsic value keep updating.
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Company Overview
Business Description
- Sector
- Energy
- Industry
- Energy
- Headquarters
- Australia AU
- IPO date
- Sep 30, 2004
Bass Oil Ltd is a small oil and gas company that looks for, develops, and produces crude oil in Indonesia, mainly from onshore fields in South Sumatra. It also holds interests in exploration acreage, which means it tries to find and appraise new oil and gas reserves, then move them toward production.
The company makes money by selling the crude oil it produces to oil buyers and refiners. Its customers are the parties that purchase physical oil, while its day-to-day business depends on drilling, field operations, and managing well performance.
What makes Bass Oil different is that it sits close to the source of production rather than acting as a large integrated oil major or a fuel retailer. Its value comes from identifying small onshore fields, bringing them into production, and selling barrels directly into the commodity market.
