If Kerry doesnt want to wrangle with Gina, he should make a play for TEG as the other non aligned Perth Basin permitted player.
TEG's L7 and 437 permits have seismic due shortly, a CCS project in for govt approval, a 10% shareholding in GAS an east coast emerging producer all for 20mil mcap.
If BPT offers 150mil ie 10 cents the deal would get done giving BPT more assets than WGO for 1/2 the cost.
News: BPT Warrego Energy Announces Increase In Offer Price Under Hancock Energy Takeover Offer, page-11
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