BPH 10.5% 2.1¢ bph energy ltd

Ann: Trading Halt, page-44

  1. 5,471 Posts.
    lightbulb Created with Sketch. 4010
    Cr terms are.

    Raise size 2m
    Placement 3.3c plus 1:2 free listed bphob option.

    Advent energy is in the advanced stages of securing a mobile offshore drilling unit for the proposed seablue-1 well.

    Operations are planned to commence in the first half of 2024.

    The federal government will be approving pep-11 based on financing organised for seablue-1 and the organisation to drill it.

    Nsw can only ban upto 5.5km into sea, well will be 26km to sea.

    As cr is to sophs I do not expect selling.

    Game on!!!!
 
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