BPT 1.31% $1.32 beach energy limited

To Blackgold, page-2

  1. 7,063 Posts.
    Stock doctor, not sure about sellers but from me experience from Cooper/Eromanga wells they either hit or miss (see my other post)

    This is generally because basement high structures or continuous growth structures (i think this is what where talking about here) have had a longer period to trap oil and don't lose it over time. They are generally nice producers as well, Jackson was 20MMBLs and flowed 2,000 BOPD I think. Clarement pet hit $1.00 for it's 10% stake (going back in prehistory)

    BPT say mean 5 MMBLS, which doesn't equate to 50 km sq structure ... i think they're being very conservative????

    Fingers crossed
 
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