INDONESIA-focussed Bass Oil reported a “consistent” March quarter despite production, sales and revenue all down, saying it is well positioned to weather the current fiscal storm.
Production and sales down, but company “well positioned”
Net production from its onshore Bunian and Tangai oilfield was down 21.4% quarter-on-quarter, coming in at 35,467 barrels of oil, but up year-on-year by 0.3%. Net oil sales were down 19.9%...
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