I suppose after they shoot and analyse all this seismic they are doing and correlate what they have learned in the wells just drilled then they can use the wet to sit on their ass and plan what could possibly be a make or break campaign next year.
They will need time to get it right I would guess and learn by any mistakes made so they will have a good few months of picking targets.
We all knew that chances of finding a success this year was a low percentage but in drilling you learn a bit more and there is porosity in the trend if they want to have another go at it.
I just hope they get in and do Yullaroo as well though.
Need to get this gas exploration up and running.
They have these Alcoa left over funds for that anyway so they need to use all that in gas exploration.
BRU Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
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