Anyone got insight into this?"company makes the request pending...

  1. 4 Posts.
    Anyone got insight into this?

    "company makes the request pending the release of an annoucement regarding Tap's Ownership interest in WA-351p exploration licence in the carnarvon Basin"
    Whether ROC oil and BHP will exercise its rights to pre-empt.

    Not really sure if this will have an impact of the SP as its still speculative as to how successful this project can be? Will an exercise of BHP's rights mean that they believe the projects a dud? As i am sure tap will continue with its exploration but as it says they cannot quantify their future working interest.

    Random trading halt I assuming there is other news!
 
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