Just interested in the ideas out there now post this chevron deal. Does BPT focus more on PEL 94,95 now given the relatively cheaper CSG potential ? (up to 4 times cheaper according to many presentations). They will have the cash thats for sure.
STX hasnt had any benefit so far this morning off that announcement which seems at odds with the rest of the shalers in the cooper which are up a lot. (SXY up because of profit report I think though).
thoughts ?
bpt farm-out to chevron
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