Bass Oil Limited completed the acquisition of Cooper Basin portfolio of properties of Beach Energy from Beach Energy Limited.
Bass Oil Limited (ASX:BAS) completed the acquisition of Cooper Basin portfolio of properties of Beach Energy from Beach Energy Limited (ASX:BPT) on August 1, 2022. The funds raised via the placement and rights issue are for the acquisition of the Cooper Basin portfolio of properties from Beach Energy Limited announced March 3, 2022. The Company received formal confirmation of conditions precedent satisfaction to complete the Cooper Basin Transactions effective August 1, 2022.