BRU 1.43% 6.9¢ buru energy limited

Ann: Buru on track for commencement of drilling program, page-52

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  1. 2,166 Posts.
    lightbulb Created with Sketch. 952
    If you look at the first generalised mapping of geology, Kurrajong is suspected to be in the same pink area as Rafael, which is to say, outside the expected geology for "underlying tight gas".


    https://hotcopper.com.au/data/attachments/3187/3187215-43b21ac311343a997280f157f5b0fe80.jpg

    And if you look at the strata Buru expects to see in Rafael, there isn't a Laurel formation.
    This is obviously a simplistic comparison between Kurra and Raf, but chances seem small to encounter Laurel gas.
    I hope we're pleasantly surprised with oil and gas in Kurrajong.

    https://hotcopper.com.au/data/attachments/3187/3187226-d7310250f99cedc22de3dc221c840f47.jpg
 
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