postlapsarian,
In reality, greenfields exploration is something that companies like BG are very uncomfortable with. They are much more comfortable acquiring reserves and exploiting them, not doing wildcat drills in the centre of Australia. If it wasn't for the fact that they inherited PXA they certainly wouldn't be in this JV at this early stage.
When this resource is proved up, they can always come back and buy the whole company rather than continue on as an outvoted junior JV partner to an oil exploration minnow - another thing that they would dislike intensely about this situation.
Cheers
Badfish
- Forums
- ASX - By Stock
- there may be more to it?
postlapsarian,In reality, greenfields exploration is something...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTP (ASX) to my watchlist
|
|||||
Last
5.4¢ |
Change
0.004(8.00%) |
Mkt cap ! $39.96M |
Open | High | Low | Value | Volume |
5.2¢ | 5.4¢ | 5.0¢ | $5.66K | 112.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 548291 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 96554 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 548291 | 0.049 |
2 | 25520 | 0.048 |
1 | 100000 | 0.046 |
2 | 173952 | 0.045 |
1 | 50000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 96554 | 1 |
0.056 | 19995 | 1 |
0.058 | 172431 | 1 |
0.060 | 212209 | 4 |
0.062 | 112737 | 2 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |