assailed looks like you are mmr shareholder? I bought into bph and mmr for the drilling of pep-11 Was one huge run at the time though Advent own 85% of PEP-11 If pep-11 gets drilled it will spell a major rerate for both bph and mmr this is good news the court case is settled and agreement to drill.you'd agree this is a positive for both?
http://www.adventenergy.com.au/sydney-offshore-basin-pep11 Advent, through wholly owned subsidiary Asset Energy Pty Ltd, holds 85% of Petroleum Exploration Permit PEP 11 – an exploration permit prospective for natural gas located in the Offshore Sydney Basin. Joint Venture partner Bounty Oil & Gas NL holds the remaining 15%. PEP 11 is a significant offshore exploration area with large scale structuring and potentially multi-Trillion cubic feet (Tcf) gas charged Permo-Triassic reservoirs.
BPH Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
