Maq Bank, does not surprise me. For me todays SP drop is just...

Maq Bank, does not surprise me.

For me todays SP drop is just games being played.

DLS is the standout oil play on the ASX right now. Its got high production, super low costs, a large drilling program for FY16 and all the while, has huge pile of cash plus the ability to further reduce capex if needed.

BPT has to make a move soon, they are quite literally running out of cash, as I believe the next quarterly will show. BPT has barely any hedging and what little they do have is useless. They still have the SACB J/V work programs to fund with at best, flat production profile. I think all will be made clear soon enough (although I have thought there would be a conclusion to this already).