BTKW,it sounded right when they offloaded the Tipton West coal seam gas tenements to Shell, for the $420million approx from memory, and in hindsight it still sounds right. So it may well turn out to be a sound prudent move to offload or farm out these shale-gas/conventional-gas assets.
Some of the Tipton West millions was spent on Egyptian tenements and underperforming Egyptian production wells.
I didn't like Egypt as an option then on a risk:reward basis and still don't; so maybe now would be an appropriate time to exit Egypt and concentrate those funds and this current bounty on developing all Beach Aust. tenements and East Africa.
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$1.26 |
Change
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Mkt cap ! $2.845B |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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5 | 26415 | 1.255 |
6 | 191650 | 1.250 |
6 | 109773 | 1.245 |
2 | 19234 | 1.240 |
7 | 42385 | 1.235 |
Price($) | Vol. | No. |
---|---|---|
1.260 | 41117 | 1 |
1.265 | 160496 | 9 |
1.270 | 263967 | 7 |
1.275 | 204712 | 7 |
1.280 | 247739 | 10 |
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