BRU 2.99% 6.5¢ buru energy limited

Ann: Buru Energy Operations Update-BRU.AX, page-7

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  1. 27,429 Posts.
    lightbulb Created with Sketch. 4708
    Looks like BRU will have 5 producing...U1, U2 and these 3:

    As part of this review, production from Ungani 3, Ungani Far West 1 and Ungani North 1 is also being reviewed.

    Also of interest, exploration program for Q3:

    The joint venture has agreed on a formal work plan and budget for this activity with initial review mid-year and completion in the third quarter. The forward exploration program for the area of the evaluation will be assessed at that time.

    Buru considers the initial results of the evaluation to be very encouraging, with a number of high potential targets being mapped including substantial targets at the Anderson level where an oil column was intersected in the Ungani Far West 1 well.
 
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