BUL
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7.14% 5.2¢ blue energy limited

BPT pursuing multiple acquisition opportunities

  1. -VB
    13 Posts.
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    21/02/17
    10:01
    Post #: 22769810
    BPT half year report makes interesting reading... pg 8 & 9

    "East coast gas imbalance now clearly evident"

    "multiple opportunities under review"

    BPT states they will take a disciplined approach and strict financial return hurdles must be meet. This probably means BUL is too far up the risk curve but one would have to think BUL's acreage would be of interest given BPT have clearly identified East Coast gas as an opportunity. Relatively easy to monetise BUL's CSG and the Cooper Basin could offer some upside...
    BUL Price at posting: 4.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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