BPT 1.02% $1.49 beach energy limited

statoil takeover - early next year?, page-44

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    lightbulb Created with Sketch. 2054
    Thanks for going to that trouble J.T. Reckon that BPT will now be very keen to complete Streaky, Moonta and Halifax to add to Encounter and Holdfast and that should tick most boxes.
    If we take as "given" that 855 and 218 are replicas, as Reg states, I would think that the results of Halifax would probably put ICN's GSA into the money.
    The question is, would ICN's 20 year+ GSA satisfy the requirement for BPT as the reserve certificate relates to the field not just the owner?
 
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