BRU 3.66% 7.9¢ buru energy limited

chart needs to bounce here !, page-135

  1. 2,176 Posts.
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    Another thing the chart won't predict is the result of a drill stem test. Assuming we found that sand with conventional porosity, let's hope we get a quick test. I do understand the need for patience and planning to get cost effective fracs and tests over the tight formations, but it would be good to have a go over the good sands if there. This is what they said on Yulleroo 3 which suggests that with a little planning a test may be possible.

    "This well continues to give us good news with the identification of a sand with much better reservoir properties than we were expecting. Much as we would like to see a flow to surface from this sand, the data obtained from the downhole sample process and the analysis of the rotary sidewall cores should allow estimates to be made of
    potential flow rates from this zone. The gas compositional analysis of the samples should also provide valuable additional data to that from the gas samples obtained
    from the Yulleroo-2 reservoir stimulation flowback, which are of excellent quality with high liquids content. It has therefore been decided not to attempt a drillstem test of
    this zone given the data obtained to date, and the high downhole pressures, which would require specialised equipment that would take some time to mobilise.”
 
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