BOW 0.00% $1.52 bow energy limited

bow and mpo in wake or org buying elsewhere, page-12

  1. 8,564 Posts.
    lightbulb Created with Sketch. 2833
    Goodaye guys,
    its interesting looking at the Origin purchase of the Pangaea permit.
    The press yesterday pointed out that Origin ahd quietly purchased 25% of ATP471 from Bounty Oil % Gas.

    ATP471 is right beside ATP470 which is also owned by Origin.

    The other 75% of ATP471 is owned by MOS (Mosaic Oil).

    The only reason I can think that Origin would be interested in 471 & 470 is CSG - Origin are not oil explorers.

    MOS has significant acreage around that area, but seems to be only interested in conventional oil and gas. I have held MOS for years- it is low priced and top 20 only hold about 20% of stock.

    Whilst I posted this on MOS thread, I thought it was interesting trying to figure out what Origin is up to, as they seem to be intent on accumulating reserves or potential for reserves.

    Any thoughts?

    cheers
 
watchlist Created with Sketch. Add BOW (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.