BRU 2.50% 7.8¢ buru energy limited

Ann: Operations Update - Rafael 1 exploration well, page-12

  1. 304 Posts.
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    What are the implications if this thing is stuffed with wet gas instead of oil? I have no understanding of the economics of a wet gas deposit (and only slightly more of an oil deposit!). Sounds encouraging they are having to control the amount of gas and are willing to invest more into the well by running a casing. BUt high level, if its just we gas, is this a much less exciting prospect than full of oil? thanks
 
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