Lordolean, I stand corrected mate if BPT was sold off due to this news. I don't watch beach and you obviously do. So I was wrong.
However I do think unconventional flows of 2.6mmcf would be a positive if AQO obtained them. Land wells are cheap and can be done for $1-2 m. Another thing you have to remember that the beach well was vertical, so there is scope for improvement with horizontal drilling. I personally think 2.6mmcf is just the start of things to come .
AQO Price at posting:
19.5¢ Sentiment: LT Buy Disclosure: Held