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Re: BKP - Baraka Petroleum

Hi Newanimal,

No, I entered BKP in mid 2010. I realised that CTP was getting plenty of punters interested and assumed that BKP would also be popular given its area. I managed to here NT Oil (unlisted partner) also talk about this. Management were keen to get BKP going and this prospect seemed the likely avenue for the new management team to get BKP going. While it was a punt, I assumed that any estimate of potential oil would be huge.

Add these factors - very cheap .003c, huge leverege potential, probable huge oil target, new management team desperate to re-start BKP, history of punter support for CTP and big prospects in largely virgin areas - signalled a worthwhile punt.

Cheers,
BESBS

[QUOTE="BESBS Player, post: 594854, member: 20934"] [b]Re: BKP - Baraka Petroleum[/b] Hi Newanimal, No, I entered BKP in mid 2010. I realised that CTP was getting plenty of punters interested and assumed that BKP would also be popular given its area. I managed to here NT Oil (unlisted partner) also talk about this. Management were keen to get BKP going and this prospect seemed the likely avenue for the new management team to get BKP going. While it was a punt, I assumed that any estimate of potential oil would be huge. Add these factors - very cheap .003c, huge leverege potential, probable huge oil target, new management team desperate to re-start BKP, history of punter support for CTP and big prospects in largely virgin areas - signalled a worthwhile punt. Cheers, BESBS [/QUOTE]

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