I was musing about how Strike makes the transition to mid-cap producer (and then behemoth).
There are a number of scenarios. But one that makes a lot of sense to me is if the flow rates are good, BPT and STX to merge. That would pretty much lock up the deep coals in the Southern Cooper in one entity and ensure the company is big enough to self-finance its development. It would be attractive to Beach as it would give them a shot of becoming the largest energy company in OZ.
Ann: Jaws-1 Project Update, page-82
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