shale gas im the US is being done very close to towns meaning some water tables are being contaminated with flamable gas, thats wy initially I wasnt a fan. but you are correct BPT assets are in no mans land which is great due to enviro impact
They are talking about a resource of 80-250tcf
one TCF = 170 million barrels of oil. You can see from these numbers if the story improves BPT with its huge acreage could be valued at anything in the future. Even if you discount the lower range thats some serious numbers, big enough for big oil companies to become very interested
question , page-26
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$1.28 |
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-0.005(0.39%) |
Mkt cap ! $2.920B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.29 | $1.27 | $4.172M | 3.258M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34600 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 308421 | 5 |
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| BPT (ASX) Chart |