Hi Folks
This is back on my watchlist . The drilling campaign is simply development drilling which adds to production but only adds to reserves very marginally . BPT is a stock to hold for the oil recovery , however I do think it may go lower with the current market correction which I believe will last a few months and will be a reasonable in size. My target entry is in the mid 40s and happy to miss out if it doesnt get there. Am I correct that 2 p reserves are now 70m even after the DLS merger. That a decent drop in the last two years . Can someone guide me to why the big adjustment
Ann: Monthly Drilling Report August 2016, page-6
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Add BPT (ASX) to my watchlist
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$1.25 |
Change
0.025(2.04%) |
Mkt cap ! $2.851B | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.26 | $1.23 | $11.87M | 9.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 192001 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 129594 | 4 |
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