Of course I should add that while the list of tenements that Beach has listed gives an indication of its % involvement in the wells listed nowhere can I find mention of New Era. Of course the list is for the Year Ended 30 June 2018 so would not include any preliminary moves by New Era to get involved in obtaining the 50% farm in to the two tenements that they now have (or I think they have). So while the range of activity in the Cooper basin by Beach is quite significant it is still not definite that my suggestion of the New Era / Beach joint venture is proven conclusively. We just have to wait till the real deal is revealed. There may be a way of investigating further. Any offers ?
IND Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held
(20min delay)
