field exploration progress., page-4

Grange,
Without searching through old anns. from BKP,I seem to recall that Statoil are covering the exploration costs in return for earning their % entitlements in the relevant EP's..
So,if that is true BKP should have no outlays with respect to field operations.

If,my memory serves me correctly,BKP had around $3.3/$3.4 million cash reserves at the end of the Sept.quarter.
BKP's only incurred expenses should be usual cost of running the Co.
Only a few more days and we should get the end-of-year figures to hand..