jumping ship, page-6

yes, and thats exactly what i thought when i read the presentation.

they did actually mention 855, and they did actaully name ICN as the j/v partner with 40%, and they did actually say "First dedicated shale well in 2012".

they are clearly not talking-up their investment in ATP855.
and they did not forget it.
they are deliberately not promoting the asset.

gee, i wonder why?

Beach is more than happy to talk up the prospects of their investment in Lake Tanganyika, in which I think they have completed no work. Yet say nothing of the potential of 855!
I would venture that BPT could provide a hell of a lot more info on the potential resource in ATP855 than it could on their Lake Tanganyika asset.

So why does Beach have this obvious and deliberate policy of sitting on all info, and keeping silent on the potential of 855?????

but of course its not because Beach has designs on acquiring 100% of ATP855 - that would not be an intelligent observation.

cheers