BRU 8.89% 4.9¢ buru energy limited

Notes from Buru presentation at Australian Energy Producers Conference 2024 in Perth, page-47

  1. 132 Posts.
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    Great find - like the much wider T20 distribution and so many subcrop plays.

    This means less need for 4-way dip closures, ++ bigger traps, and also multi-zone traps >> (pinch out zones - Nurse a good example)

    Also means wide spread dolomitization and good quality reservoir

    Mystery why no regional seismic in 2024??? probably waiting on vacant acreage award and $$$ from farm out...ZZZZ

    Would be good to do seismic 100% then farm out for multiple wells

    But still too much FAFO for the share price to do anything

    STX in the airlock - about to disappear - should be a warning
 
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