BPT appears to have a working dialogue with Vic Govt and making progress in drilling OFFSHORE from a ONSHORE site!!
Which seem a far risky undertaking than the pure onshore drilling LKO wants to undertake
Clearly demonstrates a Govt bias towards LKO, being a $3B mkt cap company certainly helps BPTs endeavour.
It would be a high probability that BPT is one of the parties interested in PEP169 based on the synergies of proximity would offer.
Appears spitting distance to Enterprise north from the BPT drill pad onshore Enterprise, maybe the same Extended Reach Drilling (ERD) technology can be used by BPT to tap Enterprise north without the need of additional drill site being established.
BPT appears to have a working dialogue with Vic Govt and making...
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