re: Ann: BPT: BPT secures rigs for shale gas ...
I think you will find bigukraine that the drilling of pilots and further evaluation of the tenements where in fact scheduled for early 2012 anyway so this is not a new piece of news in terms of the timing of it. But I get your point otherwise. Note ensign 16 is due in Jan 2012.
As I said the market is discounting the non-shale project potential of the company. something on that and the recent trend may well reverse perhaps.
ADE Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held