Additional gas being processed at Otway Gas Plant is at minimal additional cost. OGP runs 24/7 even when operating at 50% capacity. The gas from Enterprise will be sold to Origin Energy at competitive price. From my reading the gas price will be at the maximum $12 per GJ allowed by government price cap. Also, Enterprise gas has a higher amount of liquids.
The upshot is Otway Gas plant profits could almost double!
We are set for the big announcement on new BPT Strategy come Tuesday.
Ann: First gas from the Enterprise field, page-5
Add BPT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.52 |
Change
0.015(1.00%) |
Mkt cap ! $3.467B | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.55 | $1.51 | $6.846M | 4.486M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 190296 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 168794 | 41 |
View Market Depth
| Last trade - 15.00pm 04/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |