sorry I don't know yet, but it is interesting to see so many of the wells with small 0.5% and 2.1% etc interest and then you get these 2 with 100% interest! Hopefully it means they were the pick of the bunch and they wanted to hold onto 100% of them..
After buying in at 11 cents late last year SEA is quickly becoming my favorite stock! I'd love to see some dividends in the next few years with all that cash flow coming in.
For me though, the risk will always be the environmental issues with shale and fraccing, once piece of environmental legislation or an accident could send all these shale companies much lower. It will be interesting if BPT are able to expand shale here in Aus - I don't think they will have nearly as easy time as those in USA.
Anyway, best of luck to all.
Cheers Ben
SEA Price at posting:
49.0¢ Sentiment: Hold Disclosure: Held
