General Thoughts, page-8708

Here's a distillation of the comments about PEL87, highlighting the specific mention of BP:

Robert Bose described the ongoing process to farm down PEL87 following Woodside's departure. After discussing the "Saturn super fan" - the massive geological feature within PEL87 that spans nearly 5,000 square kilometers - Bose explained their current direction: "Pancontinental as operator together with our active support has initiated a process to farm that down."

When discussing potential partners, the interviewer (Malcolm) made a specific observation about BP's interest: "I found it quite interesting recently that apparently BP who are also in other groups and but apparently BP have got a team at head office looking very carefully at whether they get involved with this on a direct basis."

Malcolm then added, "I don't expect you to comment on that actually," and Bose did not provide any direct confirmation or denial regarding BP's interest. Instead, Bose spoke more generally about the high level of activity and interest in the region: "It's seen so much progress so quickly" and noted that despite recent challenges, there remains "so much left to do and so much left to be unveiled."

The broader context suggests that while companies like Total, Chevron, and Shell are known to be active in the basin, BP's potential direct involvement represents a noteworthy development that could further validate the significance of the PEL87 asset.