** Shares of Bass Oil jump as much as 7.1% to A$0.060
** Says co achieved average sales price of A$129.99 per barrel for the oil sales at Cooper Basin operations in Queensland in February, up 6.6% from January
** Says optimisation work at Cooper Basin will lead to potential increase in production to over 100 barrels of oil per day
** Nearly 280,000 shares change hands as compared with the 30-day average volume of ~313,800 shares
** Stock down 30.9% this year as of last close, vs a 2.5% increase in the benchmark S&P/ASX 200 index
(Reporting by Roushni Nair in Bengaluru)
((Roushni.Nair@thomsonreuters.com;))
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