Hi Turtle,
Thanks for the reply. It seems BUR have multiple options on which they can spend the placement funds. All of which seem very attractive. I have only been a holder of BUR since Oct 2010 and do not profess to be an expert, but seeing as Heintschel field was significantly upgraded recently, would their best option be to commercialise this "proven" field as much as possible? If they were to improve cash flow and sales by drilling more wells into Heintschel could they not keep more of the "pie" when it comes to farming out Woppa?
Cheers!
next week should be interesting....., page-5
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