wow...That was by far the best presentation BRU has offered up...

wow...
That was by far the best presentation BRU has offered up since its listing IMHO. Hmm... wonder why....?

BRU management cannot be any clearer regarding the fact that there is no more available land in the Canning Basin and that they hold the best of it.!!! Join the dots!

• Intense interest in the Superbasin with majors
taking positions
• No significant vacant acreage remaining
• Corporate/farmin deals now the only entry points

So much to discuss in this presentation, but I think in the end, as some of my fellow investors have mentioned, BRU is a takeover target now. The majors cannot ignore 100's and 100's of TCF of gas and billions on oil sitting in the Canning.

These are the highlights for me-

• No significant vacant acreage remaining
• Corporate/farm-in deals now the only entry points
• Buru is the only company with material exposure to the two
largest and most prospective unconventional plays:
- Massive, independently verified, Laurel Formation tight
gas resources
- Highly prospective Goldwyer Shale in the oil window
(shale play independently identified by the US EIA)
• Applying US transaction metrics to Buru acreage implies very large values, many multiples of current Buru market cap
• Buru is the most active operator in the basin
• Valhalla regional accumulation and Yulleroo Field not included in these estimates that are therefore likely to be very conservative
• Volumetrically very significant – tens to possibly hundreds of TCF of gas in-place, with hundreds of millions to billions of barrels of liquids associated with gas recovery

The forward program is looking amazing, with so much to be done.