BPT 2.99% $1.46 beach energy limited

1.50 before xmas

  1. 2,168 Posts.
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    ...dramatic rise since November 2010. BPT will make all the Xmas reading papers and what's more interesting is that there'll be more in the tank for 2012...

    I see the startegy of BPT being to drill the horizontals in 218 during 2012 and then focus on signing customers for full field development. This will tie nicely with oil production on Western flank, Egypt, Tanzania, Spain, developments in PNG and in the Otways. Don't forget the new acreage in the NT.

    I once wanted BPT to be taken over so i could collect and move on but after BPT has risen 120% on my buy price and the outlook is so positive, I have changed my tune since about March this year.
 
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