bpo buys stake in sc55 & sc69 through frontier, page-4

Storm in a tea cup here.
Looks like BPO may have some explaining to do. They are currently in a trading halt to clarify statements they made to the asx regarding new strategic investments.
Read the asx releases dated 03/03/2011 on the BPO share page and it would seem OEL and BHP may have a reason to be very upset with the BPO release.

OEL as current operator for both Sc69 and Sc55, have clearly stated in their ASX release of 03/03/2011 what the situation is.
It will be interesting to see what BPO release with their clarification on Monday and if OEL or BHP pursue this matter further.

However, it clearly shows that OEL need to be more communicative with the market in updating shareholders with what is going on regarding its prospects.
The ASX release of 03/03/2011 has given everyone more info that is direct and concise than perhaps many previous OEL releases, and some of the information in this current ASX release could have removed some of the ridiculas speculation that has been on this forum if they had bothered to inform the market earlier.

IMO DYOR