recent developments

Rather sad to read the various comments from some posters,demonstrating an evident lack of any ability to interpret, and more importantly, to understand, recent announcements from BKP and PFC..The undeniable fact remains
that,"two wells,over 60kms. apart that have both shown
very encouraging signs in the Arthur Creek "hot shale".

The commentariat's mewlings re "mud pumps"or"mud rooms",wet weather or drought,who said what and when, who is up whom,how far and why, are totally irrelevant in the great scheme of things. Unfortunately it is evident that for many,uninformed gossip takes precedence over empirical fact..

As for the coal interest and the appointment of a new M.D. to drive it, this is a logical step in the commercialising of BKP's embryonic,so far,coal adventure.It has nothing to do with and is quite separate from, BKP's O&G ventures, because the latter will be driven by the J.V.partners...

For myself,the reminder that BKP retains an undivided 75% working interest in approx.75kms2 around the Elkedra-7 well
on EP127,is of paramount importance,especially so when re-reading the NTO report of an interview with Dr.Volk,and his
belief that "he found an 8.7mtr.oil column in the Chablowe
formation between 184 and 192.7metres".

The ever changing and evolving commercial development of any Company,in this case,BKP, is a given, and if,as a punter or investor, one is not a happy camper, then one had best move on...