As in Australia all minerals and gas are owned by the state bnl have the right once provided with a permit to extract it, which they then pay a royalty for it. Under the water well arrangements bnl are allowed to test the hole but cannot say where or how the holes are drilled, but still it's a nice cheep way to get data and keep ranchers happy each time we put in a permit application.
BNL Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)