It depends on what you're looking for. If you're holding expecting growth results from oil, IMO forget it - as the report says, SXY's current SP already takes that into account.
If you're looking at gas though, I think SXY is the pick of the three in terms of blue sky. They are shallower and have high condensate yield and low CO2. I don't actually think BPT's gas, which is very deep (expensive to drill), in tight reservoirs with 40%+ CO2, is terribly prospective. There is a lot of gas there but it's going to be extremely expensive to get it out.
SXY also haven't farmed out to a major yet - meaning that is still to come, which will hopefully provide the impetus for us to break out above 80c.
SXY Price at posting:
76.0¢ Sentiment: None Disclosure: Held