"maybe 3rd time lucky?"
either that or 3 strikes and out
this area has not been drilled since 2000 with one success from 4 (350bcf) prior to that so it really is quite the wing and a prayer. The siesmic targets are big but that doesn't necessarily mean wet so it's fingers crossed.
disc: I don't hold BPT but I do have a stake in their 25% partner EPR purely for the greater leverage if success meets expectation.
proved probable reserves valued at aud 6 per b, page-12
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