BKP has still 75% on PE127 and PE128. Northern Territory Oil (not a public company) has the other 25%
When PFC will complete 500 mt horizontal leg of MacIntyre 2 they will get 50% on PE127 .. when they will drill and complete the 500 mt horizontal leg in PE128 they will get the 50% on it
If I remember well some announcement last year was mentioning that PFC was going to buy the 25% from Northern Territory Oil... Probably they didn't close the deal yet .
Ditomagico
BKP Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
