BPT 2.02% $1.27 beach energy limited

sights on $100 oil, page-54

  1. 4,911 Posts.
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    Hey Bigal36.

    My recollection over the years is that a number of wells were cased and suspended as future producers. One thing that is not announced, and this is my perception, is when wells come online for production.

    So my question is has BPT brought all those C&S wells online and so we do not have any wells left to tap into? I get it that Bauer or the whole Western Flank maybe in decline but we have more than just Bauer surely given that our strike rate was around 80% on 95 wells back in FY18

    Is it the case that BPT placed too much emphasis and reliance on the Western Flank and that has come back to bite them so we now have to peddle faster?

    Cheers
    BW
 
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