BRU
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9.23% 7.1¢ buru energy limited

Ann: LOI Executed for Canning Basin Drilling Campaign, page-257

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  1. smsman
    636 Posts.
    lightbulb Created with Sketch. 63
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    06/09/24
    18:09
    Post #: 75566873
    For those who are interested (!??) the Surprise well produced 87,000 barrels of oil before being shut in and put on c&m.
    https://centralpetroleum.com.au/surprise-oil-field/

    Didn't live up to the Richard Cottee hype, but wasn't a duster. Did have an interesting rig mishap on the way!

    I think the takeaway is, there is nothing under the ground anywhere, so drilling is a waste of time. And 3d seismic? Might as well use chicken entrails.
    BRU Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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