BPT 0.40% $1.26 beach energy limited

australian saturday-20b csg blowout

  1. 449 Posts.
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    As we know BPT & STO will supply 1 train each to STOs Gladstone LNG project.
    30000 wells dotted all over Qld-won't the greenies have a ball. Another 12000 to be drilled because the existing wells are not as good as envisaged.
    They haven't even started supplying yet-2014 onwards is the date.
    Note the paragraph that " there is a growing feeling that the industry will struggle to supply all the gas needed by the plants"
    I think they are also basing on 4 projects-whereas 5 may well be the number [I should know, I live in Gladstone as does marketman7 who also is a BPT holder]

    The Aussie article "20b gas blowout" you can't miss-it's their main story.
    The pipeline from Cooper to Gladstone is basically there-we just have to be patient till about 2015 & BPT shares will be gold.
 
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