Investor Presentaiton
COOPER BASIN ACQUISITION OVERVIEW
Bass to acquire Cooper Energy's interest in a portfolio of
Cooper Basin non-operated assets in South Australia for
A$650,000
Bass will be a JV partner with a Beach Energy subsidiary
(Beach subsidiary to operate the assets)
Key acquisition highlights:
Increase in 2P reserves: +54,000 barrels (~10% uplift)
Increase in 2C contingent resources: +200,000 barrels
30% interest in producing Worrior oil field
An array of prospective assets with exploration upside potential
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30% interest in ex PEL 93 (PRLS 231-233)
20% interest in ex PEL 110 (PRLS 183-190) and PRL 237
19.17% interest in ex PEL 100 (PRLS 207-209)
Low-cost entry into the Australian energy market, providing a
foundation for strategic acquisitions
July 2021
Cooper permits to be
acquired by Bass
Other Cooper Permits
Other companies tenure
Oil field
Gas field
Oil pipeline
Gas pipeline
140°
Ex PEL 110
(PRLS 183-190)
Ex PEL 100
(PRLS 207-209)
Edge of Cooper
Basin
CHAWARRAROUGH
NAPPAMERRI TROUGH
PRL 231
PRL 232
MOOMBA
Ex PEL 93
PPL 207
PRL 233 Worrior
N
0
20
PRL 237
kilometres
Cooper basin permits to be acquired
Plan area.
Cooper 01
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