I would like to have seen not only the intended rig contract for two wells , but an option for at least one more , such option to be exercised sometime during the drilling of the second well. Otherwise we end up with a possible discovery that will need an appraisal well which won’t get drilled this year . So we will be in the familiar BRU position of waiting another year. Life with BRU is what happens when you are waiting for something to happen.
BRU Price at posting:
9.1¢ Sentiment: Hold Disclosure: Held
