Bass Oil has entered into a sale and purchase agreement with Cooper Energy for the acquisition of three non-operated South Australia Cooper Basin assets, including a 30 per cent interest in the producing Worrior oil field.
The agreement represents a unique opportunity for Bass to acquire a quality portfolio of assets in the Cooper Basin which will provide a platform from which to secure additional interests in the prolific hydrocarbon province.
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.