EMP 0.00% 2.1¢ emperor energy limited

strong as an ox, page-6

  1. 13,667 Posts.
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    kiril..been riding BRU since 90 cents...and yes OBL is not one to be missed IMO :)

    Although she comes with risk..she is worth holding. When Blina was first discovered the flowrates were strong.

    "The Blina Oil Field reservoirs consist of dolomitised limestones forming part of a buried Late Devonian reefal bank. The discovery well, Blina 1, flowed 905 bopd from the Fammenian Nullara Limestone. The field is estimated to contain over 5.7 million barrels of oil-in-place."

    http://www.publish.csiro.au/paper/EG992467.htm

    You just never know what backreef will produce. The close proximity to Blina surely means they have some similar geological characteristics. I am no expert but hey..they seem to have a good shot at doing well. BRU and NSE are far from finished IMO. This is only the start for Canning Basin plays..BURU has hardly touched their licenses and NSE is yet to even drill.

    My OBLOB are locked away for some time yet.
 
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