This is from a post I did a few weeks ago;
This is an extract from the Feb-12 Euroz broker report on the Beach Energy website. I think this is timely, because some of the figures will be relevant when we start to get back flow results from the unconventional program!
Analysis
The large upside potential remains with BPT’s emerging Cooper Basin
unconventional gas play and the realization of higher east coast gas
prices supported by domestic and export demand growth.
We believe that should BPT’s shale project demonstrate economic
viability, the Company – given the size potential of its Cooper Basin
interests – is the best placed to attract corporate attention.
We are of the view that the shale/tight sand qualities will drive some
exceptional (+10mmscf/d) flows from the horizontal wells in time and
that opex of <$4/mcf will be achievable in a development scenario.
This is from a post I did a few weeks ago;This is an extract...
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Mkt cap ! $2.851B | |||
| Open | High | Low | Value | Volume |
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