BPT 2.46% $1.25 beach energy limited

Auto,I think the positive out of the this is that the Basin...

  1. 260 Posts.
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    Auto,

    I think the positive out of the this is that the Basin Centered Gas does exist, yes the flow rates are not great. But these should improve once they gain a further understanding of the Permits 218 & 855 and the way the different sections flow, you have to remember they are just trying to prove the concept still at this stage and they would be extremely lucky to get it right the first time and the wells will vary substantially from location to location and from section to section.

    I personally think it is way to early to say if things have been a success or not. Like most other people on the forum, I am not an expert at interpreting these results and have really only gained by knowledge from reading broker reports etc...
 
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