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Re: BKP - Baraka Petroleum

Hi Sweet Synergy,

Nice chart there. I'm hoping that with some positive news that once above 0.8c that it will close the gap between 0.8c and 3c rather quickly.

Potential catalysts for this move:

1. Action on the NT oil and gas front. News that CTP is drilling there will increase investor/trader interest. IMO a NT oil and gas boom is in the offing. The Georgina Basin, accroding to the info posted on the CTP website is the most prospective basin in the NT. BKP is well paced here earning 75% in 2 permits in this basin.

2. An acquisiton viewed favourably by the market. Who knows what it will be. Speculation here but is it possible that NT Oil might even want to do a backdoor listing via BKP. NT Oil already retains a 25% interest in the 2 NT permits that its farmed out to BKP. It was only 3 odd years ago it tried to float.
DYOR

<blockquote data-quote="greggy" data-source="post: 494110" data-attributes="member: 3574">Re: BKP - Baraka PetroleumHi Sweet Synergy,Nice chart there. I&#039;m hoping that with some positive news that once above 0.8c that it will close the gap between 0.8c and 3c rather quickly. Potential catalysts for this move:1. Action on the NT oil and gas front.&nbsp; News that CTP is drilling there will increase investor/trader interest. IMO a NT oil and gas boom is in the offing.&nbsp; The Georgina Basin, accroding to the info posted on the CTP website is the most prospective basin in the NT. BKP is well paced here earning 75% in 2 permits in this basin.2. An acquisiton viewed favourably by the market.&nbsp; Who knows what it will be.&nbsp; Speculation here but is it possible that NT Oil might even want to do a backdoor listing via BKP. NT Oil already retains a 25% interest in the 2 NT permits that its farmed out to BKP. It was only 3 odd years ago it tried to float.DYOR</blockquote>

[QUOTE="greggy, post: 494110, member: 3574"] [b]Re: BKP - Baraka Petroleum[/b] Hi Sweet Synergy, Nice chart there. I'm hoping that with some positive news that once above 0.8c that it will close the gap between 0.8c and 3c rather quickly. Potential catalysts for this move: 1. Action on the NT oil and gas front. News that CTP is drilling there will increase investor/trader interest. IMO a NT oil and gas boom is in the offing. The Georgina Basin, accroding to the info posted on the CTP website is the most prospective basin in the NT. BKP is well paced here earning 75% in 2 permits in this basin. 2. An acquisiton viewed favourably by the market. Who knows what it will be. Speculation here but is it possible that NT Oil might even want to do a backdoor listing via BKP. NT Oil already retains a 25% interest in the 2 NT permits that its farmed out to BKP. It was only 3 odd years ago it tried to float. DYOR [/QUOTE]

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