too many rumours for it not to be true , page-26

How much over the years has beach spent on
Takeovers
Drilling
Pipelines etc

They must now have one of the best maps of the cb around so will know better than most it's value.Thus they know which co's to takeover which creates more value and expansion options not that we need them but a bargain is a bargain.

They are generating good cash and it is increasing.Thus the returns going forward are great.

We have the gas to supply to any of the Gladston lng projects.Only today Lng sighned a deal with the Chinese but will need to spend big to get it.

We have so many options that Reg is dead right to concentrate on bpt.Why not and i think it has been mentioned before build lng plants at Adelaide say at Port Bonython where there is no problem getting skilled staff that don't need to fly in fly out.There is no million year old aboriginal paintings either.The nth west area boys must be drooling.Our production is cheap and easy compared to the deep water stuff.

Bpt have huge growth potential with a class assetts like Tanzania.

We don't need nor want a takeover!The value will come with steady production increases.Maybe a few gas deals with farmouts would be better.
Just a thought.