MACQUARIE Private Wealth says BHP Billiton's "myopic" pursuit of its Blackhawk acreage in the US, purchased for about $US20 billion two years ago, is fast turning into a "double-or-quits bet on a rising US gas price".
As part of its review of the relevant petroleum aspects of BHP's recent annual report, MPW said production forecasts were largely unchanged - but with more liquids.
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Tamboran ramping up Top End work
The future of frontline operations
Tamboran ramping up Top End work
The future of frontline operations
