Agree! Gotta get that straw in the ground ASAP, keep that SP...

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12/11/22

14:29

Post #: 64735015
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Originally posted by RedRooster2: ↑

Posted this on 25 August 2022

Definitely Beach are on the hunt.
Brobel posted last week about their CEO reporting that they were looking for opportunities in Aus & NZ - Greenfield, Brownfield or Producing.
Now today in the press Seven Group Holdings ( 30% in Beach ) Boss Ryan Stokes talked Beach up further saying.
"Energy security is going to be a key factor for a while, and groups like Beach and other key energy providers are going to have to INVEST to meet that ongoing demand"
" There'll be further transactions in that space.... consolidations in the sector will play out, and Beach is well positioned to be active in that"
BEACH not being shy and obviously looking to engage.
I'm sure they will paying attention to a broad field, but they just gotta be eyeballing other operators in the Perth Basin, as plenty is happening there.
I think out JV is out of play? But there are others.
Looks like some M & A on the cards.
Hold your hats Holders.
all imo.
GLAH.

Not sure where these offers lead, but it does look likely that Warrego will be absorbed one way or another.
These actions have not been initiated for a no result.
I don't think Beach"s ultimate goal is Warrego and I think Beach / Strike & Warrego have themselves a situation.
The effect this will have on the market for all PB players is going to be intriguing.
I think NWE are setup and safe all but from one direction, but I think that is some way down the track, if at all.
But the attention coming can only spotlight NWE and Lockyer Gas and that's a bonus'
Can't get that drilling program underway soon enough as the PB is going to get very exciting or should I say more exciting.
all imo
GLAH

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Agree! Gotta get that straw in the ground ASAP, keep that SP ticking up.

NWE Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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Agree! Gotta get that straw in the ground ASAP, keep that SP...

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