It is interesting at the levels as BPT would factor in free Cary saving as well as reserves . Producing barrels worth more than just undeveloped reserves . I think BPt making a move at 70-75 would be smart for them. The corporate action potential adds to the attraction but I am buying on the premise oil will stabilise in the 60-70 range medium term
DLS Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held