BUR 10.9% 9.8¢ burley minerals ltd

a good announcement tommorrow ... , page-23

  1. 308 Posts.
    Thanks Mick, looks like we're both accessing the same data. Hudson-Lyon Unit produced 60,000bbl including 20,000bbl in the first 6 months - looks to be the best re-entry AKG have done.

    Thanks again for the link, I agree research is key. It is nice to have the 'heads up' on the possible re-entry work before BUR even release details. To me the possible pay offs add further value to BUR as a company. I'll look for some more specific info related to re-entry/re-completion costs.

    I'll also check which types of well produced the best results from re-entry (vertical, horizontal etc.) and post what I find. Presumably AKG have gathered this data over their past 13 re-entries and will have gained knowledge etc, which will be useful.

    Could also be worth checking other operators in Burleson who have been involved in re-entry and see what kind of yeilds they have achieved.
 
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