BPH 5.56% 1.7¢ bph energy ltd

Ann: Placement and Rights Issue, page-184

  1. 2,242 Posts.
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    Rigs are available.
    A lot of kit parked up doing nothing due to cancellations, majors are in a consolidation faze. Good time to be tending for services in the oil and gas game.
    Majors have cut capital - But ironically this only improves PEP11 position cause rigs are available.
    PEP11 is a completely different play to any other -
    Customers waiting, close to solid onshore infrastructure and the BEST part for any oil and gas company world wide company- No sovereign risk!

    GLTAH
 
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