Shares of Bass Oil (ASX:BAS) experienced a surge, climbing as much as 4.6% to A$0.115.
This noteworthy climb in stock is attributed to the oil producer’s substantial rise in sales revenue in July, an impressive increase of 19% compared to June.
The company also highlighted its growth in daily oil production, which saw a 22.6% increase from the previous month.
So far this year, the company’s stock has already gone up about 59% as of the last closing.
Bass Oil (ASX:BAS) is an oil producer with a strong record of growing revenue and production.