BRU 0.00% 8.2¢ buru energy limited

u3

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    After talking to Eric at the AGM u3 will be will be workedover to block the water as in u2 then acid washed to eat away at the limestone to give more surface for the oil to seep out then the biggest donkey pump from Blina will be installed. Given they are getting 300bpd of liquid out of u3 before the acid wash if they get 300bpd of oil out after the workover and acid wash then buy Australian standards we have a good producer! Also I asked about the pourosity of north uganui he said it was far better then u3 so we will find out the flow rates after testing later in the year. So I think we can safely say we are going to be producing from North uganui U3 U2 U1. The other thing I talked to Eric about was what sort of rates to expect from the fraccing progam. If we compare it to the fraccing at eagle ford in the usa then half a mmcfd per individual facc is a good result so 10 fraccs on a single well any thing between 2.5 & 5mmcfd is extremely good. Also a lot of talks going on with Majors wanting to farmin. the other thing is Fraccing Permits Iminint!
 
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