Bass Oil has received approval from the South Australian Government for its Cooper Basin asset acquisition.
Bass executed a sale and purchase agreement to acquire interest in a portfolio of Cooper Basin tenements from Cooper Energy back in July, including a 30 per cent interest in the Worrior oil and gas field.
Acquiring a suite of assets from Cooper Energy has provided the company instant production and substantial exploration opportunities.
Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects.