moonta 1, page-4

TF, See that at encounter1 bpt have only fracced one level initially, and that being the deeper section (patchawarra) which will tell them whether the best flow rates are coming from the shale or the tight sands when compared to holdfast results.

You have to hand it to beach they do things properly and leave nothing to chance when evaluating a venture, you can follow their thought process not like our bunch of incompetent knuckle heads.

When news like this is put out and bpt,s share price drops, it smells like a t/o is hiding somewhere in the back ground waiting till the time is right and everybody is set ah-la QGC. This sounds like this find is too big to ignore. Bring it on Beach.Cheers.