Its great news for BPT from a long-term strategic perspective. I always thought it was in BPT interest to delay the Icon drill. If the results in ATP 855 were good, Icon would be shouting it from the high heavens and sharing valuable information 'willy nilly'. BPT now have have more control over the information flow regarding shale in OZ, and can make a play for Icon or other shale players at their leisure. The fracture stimulation will be the key driver for BPT in the short-term IMHO. In the medium-term, BPT will start acquiring the best acreage using information that no-one else has.
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Price($) | Vol. | No. |
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3 | 42855 | 1.480 |
2 | 25393 | 1.475 |
5 | 55993 | 1.470 |
1 | 15393 | 1.465 |
Price($) | Vol. | No. |
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1.500 | 17693 | 2 |
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1.510 | 43086 | 3 |
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