BPH 5.00% 1.9¢ bph energy ltd

I think people are getting slightly confused here. If we are...

  1. 8,975 Posts.
    lightbulb Created with Sketch. 3035
    I think people are getting slightly confused here.

    If we are talking about sending out a rig as an expensive stunt, yeah, it could be done.

    If we are talking about sending out a rig to actually drill, there are some pre-requisites.

    The major pre-requisite is that NOPSEMA approval is required.

    At this point, we have Klarite doing the preliminaries but...

    according to evidence given by NOPSEMA at the NSW enquiry into offshore exploration, they are yet to receive a request from Advent.

    according to evidence given by David Breeze at the NSW enquiry, Advent have asked, but NOPSEMA will not accept our application.

    It's fair to say that I am very uncomfortable with NOPSEMA's evidence at that enquiry.

    Until Advent holds NOPSEMA approval, sending a rig out would just be an expensive stunt

    Is NOPTA approval a pre-requisite for NOPSEMA approval, seems only NOPSEMA can answer that question.






 
watchlist Created with Sketch. Add BPH (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
-0.001(5.00%)
Mkt cap ! $21.80M
Open High Low Value Volume
2.0¢ 2.0¢ 1.9¢ $35.18K 1.759M

Buyers (Bids)

No. Vol. Price($)
14 2917782 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 1243804 4
View Market Depth
Last trade - 13.32pm 16/07/2024 (20 minute delay) ?
BPH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.