That is about right. 50% on gas and 50% profit from oil,condensate and LPG. However, if BPT manages to sell gas at higher prices it could alter the %. Also, Waitsia and Otway Gas will deliver more gas revenues to BPT in two to three years. A lot of BPT 2P reserves are gas. Value of BPT is not just on profits it makes now. The 2P reserves are just as valuable. I have seen lots of takeover of oil/gas companies being bought mainly on basis of the size of their 2P reserves.
Target, page-19
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Last
$1.28 |
Change
0.020(1.59%) |
Mkt cap ! $2.920B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.30 | $1.26 | $5.128M | 4.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 70667 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 366372 | 51 |
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| Last trade - 12.15pm 04/10/2024 (20 minute delay) ? |
| BPT (ASX) Chart |