Artisan-1 offshore well currently being drilled in Otway. Results due within 1 or 2 weeks. A big gas discovery will allow production in Otway Gas Plant to be increase above its rated capacity.
Lattice gas price arbitration outcome due any day now. Likely gas price increase for us.
If BPT manages to buy 46% of Kupe in NZ from Genesis Energy, it will be good as it increases BPT’s gas business portion overall. Also, Kupe still has a lot of upside.
New gas to come online by around September next year in Otway.
Morning Star valuation, page-26
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$1.16 |
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-0.053(4.32%) |
Mkt cap ! $2.652B | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.16 | $6.192M | 5.248M |
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| No. | Vol. | Price($) |
|---|---|---|
| 53 | 343832 | $1.16 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 276456 | 54 |
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