Now this is one well I have been looking forward to , with the Buru team also excited about the prospect. Century Rig #7 released from Yulleroo 3 to go straight to Ungani North 1 as announced today. Quite bullish forecasts of 30mmbl here so for this to come in it will be a further enormous value add to the Company and we should also be getting more info on the production testing of Ungani and its reservoir characteristics and size in the meantime. If we get good news on both Ungani and Ungani North 1 it will be a cracker of a result.
BRU Price at posting:
$3.38 Sentiment: LT Buy Disclosure: Held
