BPO bioprospect limited
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bhp exercised right for sc55

  1. snouty
    1,030 Posts.
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    11/05/11
    20:18
    Post #: 8387354
    I note that OEL this morning announced BHP has exercised its rights to farm into SC55 of which BPO have a 5% indirect interest in. I would think BPO will have to make and announcement regarding this soon. Deepwater drilling to occur on block between Aug 2011 and Aug 2012. These wells cost upwards of $100 million each to drill - could be very interesting time.
    BPO Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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