Maybe this is BPT strategic plan to hold back results from ICON.
Personally I think this shows poor forward planning, this clean up and preparatory work should have been completed well before the planned fraccing date, a date that had been known for quite a considerable time back in late 2011.
It becomes especially important now as the instos had built part of the expectation into the SP (markets do not like being disappointed) and also Beachs required capital spend which caused the first pullback in its share price.
Maybe we should start to be a little concerned with our planned 855 drill date.
Has anybody heard if this new rig is on its way to Australia Yet we are in March and it is expected in April?
What happens to the 40% if the well is not drilled by June?
Something to ponder
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