5.3 million buys, 2.7 million sells.. 286 orders for buys, 159 for sells. There's some real interest in Beach at the moment, and with it being UP on a down market day which rarely (if ever) happens. Beach being re-rated in a big way at the moment.
It will take more drilling to confirm, but what would we have on our hands if the patchawarra sands went throughout the shale area?
Here's a hypothetical question:
Is it possible to double drill a hole, one vertical column to the patchawarra, and then a horizontal section into the REM sequence for shale gas production? Theoretically this would drastically reduce the shale gas drilling costs as they'd get the production from the patchawarra sands without too much extra effort.
BPT Price at posting:
$1.12 Sentiment: Buy Disclosure: Held
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