BRU 0.00% 4.6¢ buru energy limited

Ann: Operations Update, page-2

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  1. 27,686 Posts.
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    • With all currently configured wells on line, and prior to the installation of the ESP in Ungani 7H, field production is some 1,500 to 1,600 bopd.
    • The unit for the Ungani 6H work is now expected to commence operations at the Ungani site in the first week of March
    • A farmout process of Buru’s extensive exploration portfolio is now scheduled to commence in March. Ocean Reach Advisory has been engaged to assist with the process, having advised the Company previously on the 2018 sale of a 50% interest in the Ungani Oilfield.
    the last point is how we are going back to test previous highs before Eric’s last stand at the AGM.
    I wonder if Eric gets a bulk discount from ORA ?
    Last edited by CEOChair: 13/02/20
 
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