NSE new standard energy limited

anns: conoco executes the farm-in agreement !, page-21

  1. 6,283 Posts.
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    Let's leave this stupid personal attacks and look at the reality.

    The first reality is this; If BRU could find anything significant I'd be happy of course as NSE has more than 8% shareholding of BRU.

    The reality was so far that BRU hasn't found anything despite they have spent a lot of money on drilling. However we may all know that the these type of basins may require a lot of drilling by a lot of patience.

    Now it looks like the case that BRU has found a good oil potantial, however the size of this reserve and future flow rate are still not known. That is still a an unknown risk.

 
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