Bass's Bunian 5 commences "strong" production

INDONESIA-focussed Bass Oil is celebrating production results at its Bunian-5 well at the Tangai Sukananti field in South Sumatra, recording over 1100 barrels of oil per day gross and leading to a share price jump of 50%.

Bass's Bunian 5 commences "strong" production Bass's Bunian 5 commences "strong" production Bass's Bunian 5 commences "strong" production Bass's Bunian 5 commences "strong" production Bass's Bunian 5 commences "strong" production

Average test production of 1100bopd

 
The production results were from the TRM 3 sandstone, one of the two oil reservoirs in the well, averaging 1128bopd with a 2% water cut, confirming Bass's predictions that the well would double