BRU buru energy limited
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Ann: Apache farms-in to coastal and eastern deser, page-6

  1. Stockrocker
    7,057 Posts.
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    04/11/13
    10:29
    Post #: 12525249
    re: Ann: Apache farms-in to coastal and easte... The terms are not that spectacular given the potential of the Acacia permits. Assuming each exploration wells and appraisal wells cost $20mil, all up spend by Apache will be around $90-$100 mil?: $25mil for Coastal. $7.2mil for options in Acacia, $3mil(?) refund for aero mag, & 80% of 4 wells.
    BRU Price at posting: $1.61 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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