BPT 1.20% $1.27 beach energy limited

post reserve upgrades, page-3

  1. 20,482 Posts.
    lightbulb Created with Sketch. 2030
    Thanks elzephyrus. I assume that price is still with no shale value?
    I wondered why the CB drilling was flagged as a significant value driver and I concluded because oil had 3 x the NPV of gas thus every 5 million oil barrel addition is the equiv of 15 million gas BOE

    I also love the following comments from todays pres which suns up my view of bpt
    " many company makers - no company breakers "
 
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