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bpt presentation

  1. 8,554 Posts.
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    Beach just released a presentation.
    it has plenty of new info wrt the C/B shale gas eprmits.
    they detail costs, breakeven points etc.
    so plenty to read.

    have another look at the slide which shows a cross-section of PEL218.
    that cross section is looking towards ATP855 - so the deeper shales must follow thru to ATP855. Beach say that the most prospective of the shales are in the deeper sections.

    so whatever good news coming out of these beach permit, must follow thru to the ICN permit.

    which is obviously why Beach is fighting hard to get that 40% farm-in concluded.

    cheers
 
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