BRU 1.27% 8.0¢ buru energy limited

paradise 1 recovered oil, page-16

  1. 323 Posts.
    lightbulb Created with Sketch. 150
    Doing a bit of research on Paradise 1, and the original well in 2010 was drilled using Buru's Fairway Rig. Maybe the use of this rig would account for the problems with the initial drilling?
    Prior to drilling Paradise 1 the Fairway rig successfully drilled Fairwell-1 and Leander-1. 1871m and 2280m respectively. If it was up and running sounds like it would be capable of drilling some of our shallow targets. With your knowledge of the rig Slampoil, would it be costly to get it operating again, or just not worth the hassle?
 
watchlist Created with Sketch. Add BRU (ASX) to my watchlist
(20min delay)
Last
8.0¢
Change
0.001(1.27%)
Mkt cap ! $53.70M
Open High Low Value Volume
7.9¢ 8.1¢ 7.8¢ $9.027K 114.1K

Buyers (Bids)

No. Vol. Price($)
2 161523 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 49000 1
View Market Depth
Last trade - 15.43pm 15/07/2024 (20 minute delay) ?
BRU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.