A merger between bpt/dls makes sense, cooper basin focused. Plenty of synergies between these two companies and overlap of assets.
Beach has been down the garden path over the last few years unfornuately. But they are still a well run company, I think what would be interesting to see who would be the CEO of the combined companies. What it comes down to us how these companies, invest their cash flow / capital, in my opinion beach has done this poorly over the last few years and should have seen its self in a much better position and share price at this stage. I think this were drill search has come up trumps, over the last few years, so would be good to see brad and his team lead the combined entity if the merger/ acquisition happens.
I also think and the right price it makes sense to bring Coe & sxy into the mix
DLS Price at posting:
$1.13 Sentiment: Buy Disclosure: Held