now let's wait for bauer

Hi Goro
Pel111 has the snatcher field within the permit - which makes this discovery even more exciting as these are big Birkhead reservoir fields
Moreover if one looks at Tomcat - if that is successful we may have another multi million barrel oil field .
Now what is even more exciting is that Birkhead oil extends north east providing a lot of future upside but equally as important is that it's likely that birkead oil runs through Pel91 and 92 . dLs clipped the edge of a very large birkhead structure within Pel91. They believe it may be a multi million barrel structure , this structure also extends into Pel92 which is great for BPT because they have 75% of this
Birkhead reserviors have only recently been targeted with the use of advance 3d seismic - there is a lot of upside for BPT and all the JV partners in this space

With Bauer studding last Wed I would expect an update some time this week
The BPT conventional business is really creating a lot of value , lots more oil , lots more gas and what will no doubt be record production and revenue this year - add that to increasing gas production and prices and we are set for a special year