BPT 2.46% $1.25 beach energy limited

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  1. 20,510 Posts.
    lightbulb Created with Sketch. 2043
    Bystander, that is correct so one would assume a value of 30c per share for BPTs share of the infill program.
    one thing is for certain STO have for a long time wanted to potray themselves as leading the shale gas piece, even before this well they were stating how they were the first to drill a shale well etc etc.

    the other area not discussed recently is BPTs option of building a mini LNG project in SA. with 95% of the existing gas sales for all the green light LNG projects sold

    thus is a very dynamic story. BPT involvement in the LNG boom is guaranteed - the question is how much value os there
    lowest level - the sale gas through conventional resource with gas prices to be 50% higher than historc prices. in itslef were good
    moderate level - the sell conventional gas as well as SACBJV shale gas to LNG/domestic market as higher prices
    strong story - a JV is developed to develop shale assets or a mini LNG project is sanctioned
    ............ and ofcouse as i have said before, we still have the massive oil buiness which is growing by the day
 
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