There is a clear indication that Beach energy appears to use to much faulty equipment in drilling any well for their JV with ICN
Not to mention the constant delays this causes for ICN.
Beach energy care very little for the success of any well they drill on APT855, as they get their Gas from their side of the trough on the South Australia.
IMO a deliberate attempt to send and keep the ICN share price low, so ICN will be a very very cheap buy out or Tale over .
I consider this Sabotage, and The Management of ICN fails to take the Beach management to task.
we won't mention the petty lack of ASX communication from both Beach and ICN re any development arising in th JV.
For Beach to only drill 1 lousy well under JV on APT 855 in almost 12 months is ludicrous indeed. Chevron is of no value to ICN as all they have to do is sit & wait it out till ICN goes Broke . IMO ICN Share holders need to call an extra ordinary GM to address their concerns over this JV between BPT & ICN.
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