Good on ya Eric for stepping up and getting the message out.
Unfortunately, we lost some Bruthers along the way. Between verifying Rafael flows gas and condensate, and the official resourse certification... Very strange.
Maybe someone can set me straight. Why did we not perforate and flow the other two zones?
Surely, this was possible by running plugs and guns on wire. We could have started with the barefoot section and worked our way up, isolating and perforating each section. We could have had 3 sets of data for the third party mob to play with.
What does this tell us?
The only thing i can think is that they want to turn Rafael-1 into a producer. That they don't know how they'll do it yet and they're leaving themselves the options.
There's some pretty impressive multi-zone completion designs out there. Possibly we're leaving our options open to some kind of smart completion design.
Buru are in a very good spot right now.
All the best to those investing in Cuba and Alaska but my dollar is staying in WA.
GLTAH
BRU Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
