Very well put Wacky. Be very interesting to see who the "interested parties" will be when development wells begin in 218 and 855. Will BPT's and ICN's names even be on that list and if so, how much will they still own??
That's why I believe that Halifax-1 SHOULD be of GREAT interest to BPT holders. Could be the key to BPT's entire future, even their very existence.
But, I'm punting on a large percentage j/v.
Auto. Re gas pricing, read SMH extract in post by The Fatz on ICN forum.
Don't worry about the economics of shale gas in the C.B. ESPECIALLY if 855 replicates 218 (that's what all to holding companies are doing on your share registry) and particularly for the holder of a GSA priced on the Singapore Tapis oil price. Soon know.
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