Correction that was an intersuisse report..and dated late July..
Here is the bit about the milestones and potential for some further certification if GIP:
The expected increase in the value of BUL will be primarily event driven as the company continues with its drilling and testing program and upgrades gas in place resources to contingent resources and ultimately to reserves in the Monslatt area of ATP 814P. In addition, once the new drilling program is able to be fully implemented in the wake of the severe flooding in the area, new resources are expected to be added to BULs gas inventory. Future milestones that are expected to underpin continuing value uplift include: Certification of reserves from the Monslatt area of ATP 814P following the completion drilling of production pilots in the area and the establishment of gas flow. Drilling in the Saphire area of ATP 814P and the certification of initial gas in place for the area Establishment of the gas resource potential of ATP 813P following the completion of the current 10 well drilling program. Announcement of marketing initiatives for the monetization of the gas that is certified in the permits.
BUL Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held