Bass Oil Limited (ASX:BAS) Insider Giustino (Tino) Guglielmo Buys 200,000 Shares

Bass Oil Limited (ASX:BAS) insider Giustino (Tino) Guglielmo acquired 200,000 shares of the company’s stock in a transaction on Wednesday, May 8th. The stock was purchased at an average cost of A$0.07 ($0.05) per share, for a total transaction of A$14,600.00 ($9,668.87).

Bass Oil Price Performance

The company has a quick ratio of 1.79, a current ratio of 1.91 and a debt-to-equity ratio of 3.14.

About Bass Oil

Bass Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in Australia and Indonesia. The company primarily holds a 55% interest in the Tangai-Sukananti KSO production assets located in South Sumatra, Indonesia. It also holds interests in the properties in the Cooper Basin, South Australia.