That is about right. 50% on gas and 50% profit from oil,condensate and LPG. However, if BPT manages to sell gas at higher prices it could alter the %. Also, Waitsia and Otway Gas will deliver more gas revenues to BPT in two to three years. A lot of BPT 2P reserves are gas. Value of BPT is not just on profits it makes now. The 2P reserves are just as valuable. I have seen lots of takeover of oil/gas companies being bought mainly on basis of the size of their 2P reserves.
Target, page-19
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Last
$1.26 |
Change
-0.003(0.20%) |
Mkt cap ! $2.897B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.28 | $1.25 | $2.177M | 1.721M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 14174 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 102055 | 37 |
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| Last trade - 14.20pm 06/11/2024 (20 minute delay) ? |
| BPT (ASX) Chart |