855 sweet spot for shale gas, page-15

huaneng, I will just be happy with a find to keep the share price stable. If this flowed better then the other block, I can see this being a easy way in. If it flows nothing, well, BPT has just spent a load of cash for zip...

Can you see BPT spending 16 million on this (i.e. just have a look at the photo of the rig and the cost involved in keeping that sucker going) for just the chance of getting 40% of say, sweet nothing?

Nah, I cannot. Yes, 16 Million is a cheap way in for a LOT of ground but if it flows nothing, it is still 16 million for a block of dust? Look at 626.... a lot of ground with a lot of dust in it to date...

BPT is way to savvy for me, so I just keep it in the back of my mind, why is BPT so interested at "fast tracking" this... might be a bit of time in waiting for us all and a lot more drilling in the future, but I feel very hopeful this time round...

This is the only Speck I hold guys and know little to jack about drilling (I am truthful on this). As gassed knows, I prefer blue chips and sold sell calls for my living, so I could be just talking well a lot of 'gas' here... lol...