BRU 4.17% 4.6¢ buru energy limited

Ann: Rafael Flow Test Update, page-7

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  1. 27,685 Posts.
    lightbulb Created with Sketch. 4748
    It’s way bigger than we imagined:

    Most importantly, the reservoir pressure of some 6,200 psi measured from the static gradient survey indicates that there is potential for a substantial gas column to continue downdip from the gas column intersected in the well. This gas column is interpreted to be potentially at least down to the extent of the currently interpreted structural closure which is mapped from the existing 2D seismic data to be some 500 metres of vertical closure.

    this explains a lot:

    The other indication from the interpretation of the pressure data is that there is apparent near wellbore formation damage from invasion by drilling and completion fluids that has reduced the flow capacity of the tested zone. Experience in similar reservoirs indicates that this form of reservoir effect can be remedied by standard workover operations.

    We should be 50c already.
    Last edited by CEOChair: 22/03/22
 
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