Ann: BPT joins Sundance in Bakken Shale Oil Play , page-28

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  1. 364 Posts.
    re: Ann: BPT: BPT joins Sundance in Bakken Sh... SEA is one share I don't bother with a stop loss. Price drops, I will buy more, maybe even your holding.

    The company was de-risked months ago, I see only upside going forward. Must have one of the most extensive drilling programs for a small cap on the ASX and in some of the most productive US locations. Others are still trying to get their JV drilling partners into bed whereas SEA has done all the work already and will probably screw a better deal out of Beach as they need to acquire the technical skills.

    Could easily move head office to avoid Australian taxing point in the future.

    IMO next two rounds of results this will be sitting closer to 20 cents than 13, then easily up from there. Only couple of weeks away.
 
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