BPT 1.40% $1.45 beach energy limited

bell potter recommendation in the west, page-9

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    6ULDV8 - the resources being considered by the SACB JV are sub-economic at current prices ($3-4/GJ). If the resources can be sold as an oil linked price (~9GJ) they can be converted to reserves.

    hope this helps.

    See page 4:
    http://www.adv-res.com/pdf/Rocky%20Mountain%20G%20&%20E%20Resources%20Conference.pdf
 
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