One would assume other deals in the area would assist BG to...

One would assume other deals in the area would assist BG to “speed things up” but this is not the case at all. BG have certain timeframes in the contract working on their side at the moment and other deals in the area won’t really put too much pressure on them at all. That said, It’s of greater benefit to CTP shareholders that the company bring in other partners asap to expand the campaign and not solely rely on BG. Solely relying on BG will basically allow them to penetrate a more predominant stake. That may sound good to some, but in the corporate world and strategy wise for CTP’s longer term aspirations – it’s not as desirable.

BG is no doubt a great partner to have for the forwards program, but IMO a third partner in the equation “stabilises” or reduces the volatility of the situation. This third partner needs to be of reasonable size and/or quality and have the ability to lock BG out from excessive penetration.