BPT 2.02% $1.27 beach energy limited

no deal on pes , page-15

  1. Ya
    6,809 Posts.
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    Found an article on Bloomberg (from Feb) on AOE's interest in Beach's TW. Attached is a section of interest, below.

    ------------------------------------------------------------
    'Strong Interest’

    Arrow’s tenements, in which Shell holds a stake, hold enough resources to potentially feed between 10 million and 15 million tons a year, he said then.

    The company has a “strong interest” in exercising a pre- emptive right to take Beach Petroleum Ltd.’s stake in the Tipton West coal seam gas venture, Scott said today. “We think it’s a good asset and certainly we’d be happy to do that,” he said.
    ------------------------------------------------------------

    Here's the link to the complete article.
 
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