(MENAFN- ProactiveInvestors)
() has been granted a trading halt by the ASX pending details of an equity raising.
The company holds acreage positions in the Gippsland and Otway Basins.
Bass Strait Oil's permits located close to existing producing fields infrastructure and gas markets.
The halt will remain in place until the opening of trade on Tuesday 3rd March 2015 or earlier if an announcement is made to the market.
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