exploration and finding risk in the shale permits has now diminished significantly.
Wouldn't be surprised if BPT sets-up its own drilling company for a full field development.
I'd love to see gas going to Gladstone, S.A. LNG, and ICONs LNG deals. There is more than enough gas there. LNG gas prices are $10+mmcf. At production/development costs of ~$3.5mmcf, there is more than enough margin there for CAPEX and profits...
Let's not forget the Methane and GTL industries.
In 3 years, BPT will be $5!
DYOR
exploration and finding risk in the shale permits has now...
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$1.19 |
Change
-0.025(2.06%) |
Mkt cap ! $2.714B | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.23 | $1.19 | $6.737M | 5.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 165140 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 262552 | 6 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| BPT (ASX) Chart |