BPT 1.02% $1.49 beach energy limited

it's not 200 tcf

  1. 20,368 Posts.
    lightbulb Created with Sketch. 1988
    I have been reading the shale gas review and last couple of BPT presentations and I realized we have all missed something. We all quote 200 tcf because beach do but that is the entire gas in place resource of entire Napperi trough. Looking at BPTs holdings j would say they hold 70-80 tcf , perhaps as huh as 120 tcf If as we all suspect the thicknesss of the shale will result in a increase in Gas in place estimates . Not that re above aren't big figures., however it is interesting to note we have all being using the 200tcf figure as if it was net to BPT. Due to this I am
    Downgrading my price target to 3 dollars from 5 in 2014 lol
 
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