thrumeyes,i noticed BPT sold out of its "non-core" RMS holdings...

thrumeyes,

i noticed BPT sold out of its "non-core" RMS holdings and gathered up over $25m.

This equates more than $185m in BPT coffers.

Given BPT is the lead player in PEL 218, more or less they have certainty how much potential for shale gas is in PEL218.

So would a takeover for ADE by BPT be on the cards?

Also considering the July 17th or 18th legal case with ICN over ATP 855... win or lose.

A controlled ADE by BPT will grant BPT still exposure over ATP 855.