BRU 3.49% 8.3¢ buru energy limited

Ann: Corporate Presentation , page-36

  1. 6,650 Posts.
    Quick view from me.

    Ungani Oil field including upgrade to 40 million barrels recoverable is worth at least $1.50 discounted value. Yes 40 million easy!!! 20 million bbls net to Buru.

    And blame Native title for the drilling delays.

    Finally two new super single oil drilling rigs arriving from the USA. First one in Perth within the month I am told.

    As I live near the port I might get lucky to see the first being of loaded.

    Buru is cheap but so are many oil exploration companies but out of all of them Buru looks one of the best.
 
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