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3.92% 5.3¢ central petroleum limited

BHP bought out Chesapeake for around $5Billion.Rumors were not...

  1. Anonymous1
    1,490 Posts.
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    21/07/13
    21:18
    Post #: 12091123
    BHP bought out Chesapeake for around $5Billion.

    Rumors were not just for their assets but their experience and Technology for Fraccing and Horizontal drilling.

    BHP would be a perfect partner for Surprise.

    I wouldn't accept anyone else unless they have access to this type of drilling.

    Just watch this video below. From 1 Pad what can be produced via Horizontal drilling compared to a whole field of Vertical drills.

    This would be perfect project for BHP to test this Horizontal technology in Australia!!

    https://www.youtube.com/watch?v=fBQCQ6HL2Yw

    I hope you are reading this Cottee!!



    CTP Price at posting: 47.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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