ctp on verge of significant farm-out deal, page-2

You have to wonder when the latecomers are going to jump on board BKP for the ride.

It appears that all of the regulars are now pretty much fully invested and just sitting patiently awaiting the results that have been coming for so long.

BKP has 25% of 7.85 million acres. At $12 per acre that's $23 million. Pretty close to our market cap, so we are pretty much fully valued for "potential" at the moment if my calculations are correct.

So what we get for "free" is the deals already completed with PFC/StatOil and a well that's drilled, fracced and awaiting flow testing.

I'm patient.