Hey all,BPT's deal didnt go as planned! A few dusters, a popular...

Hey all,

BPT's deal didnt go as planned! A few dusters, a popular MD that wont budge and add to that a little of 'bitten off more than they can chew!'

DLS on the other hand, has a new outlook. Fresh board members wanting to do deals with new knowledge and solid partners to continue growing in the Cooper/Surat.

Reasons:
1.understand the geology
2.links up the existing drilling campaign
3.already has ties with BigBro Santos
4.3D of around 500sqkm
5.Otway wildcat - 40% carried

...quite simple really