Mark, The Bowen Basin where ATP-814 is located, as you'd know,...

Mark,
The Bowen Basin where ATP-814 is located, as you'd know, adjacent to Shell/PetroChina's massive gas tenement... Whilst it's not connected by pipeline to Gladstone now, it's hard to believe that resource will never get connected. BUL has other tenements in QLD and ATP-854 would be closer to the pipeline action, though sure how close. (Surat Basin area)

Also, bit hard to think of Blue as a straight out speculative stock when it has Certified Reserves. There's real value there. Just needs something, or an event to open it (or something else of theirs) up... That's the "spec" part I suppose. But the company's asset(s) have value per se ..
Cheers,
Kip