BPT 1.02% $1.49 beach energy limited

The ship that is going to connect the 4 newly drilled...

  1. 3,925 Posts.
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    The ship that is going to connect the 4 newly drilled development wells at Thylacine is almost at the site. Skandi Acergi’s latest position is that it has left Portland VIC and moving towards Thylacine. It should take less than a day.

    Imagine on Monday morning you read the Half Yearly Presentation and it says BPT Production Guidance for FY 2022 has been reduced by 5%.
    And dividends are going to rise using a new BPT dividend policy. And that Skandi Acergi is now there in Thylacine to connect 4 offshore wells to the Thylacine gas platform. Will the short sellers and traders look at the near future or pay attention to the current production and dump BPT.
    It is worth noting that Otway gas is due for a price reset on 1 July 2023 and Otway Gas Plant production will increase by 100% once the 4 new Thylacine wells are put into production by May or June 2023.
    If BPT share price falls on Monday, will definitely buy again.
    Last edited by g12m0: 11/02/23
 
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