Exxon’s 50% ownership of Bass Gas Joint Venture has been for sale for quite some time. Problem is the high cost in the rehabilitation expenses to bring down the oil platforms and pipelines in Bass Strait. Plus high CO2 and impurities in the existing gas fields. The outcome that is ideal for Beach is for gas production in Bass Strait Joint Venture to start to decline. This would make gas assets of BPT increased in strategic value.
No news yet on progress in Otway Gas Project. Hope weather has been favourable for completion of the 2 Geographe wells so they can go online soon.
THE ONLY WAY IS UP., page-1373
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Last
$1.49 |
Change
-0.010(0.67%) |
Mkt cap ! $3.399B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.50 | $1.48 | $8.333M | 5.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 378774 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 127826 | 5 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |