CEOChair
Didn't say Bru was boring mate.
The Ungani wells are of immense value to Buru if they work. Should have been drilled years ago.
As you know the major risk is dolomite reservoir being present with producible oil. We know U3 was tight.
We might find U4 and 5 the same.
If a conventional well cost $5 million, what's the cost of a slim hole well now?
Say $2.0 million in which case I would drill a few of those to prove up where a producible reservoir is present. Then either ream out or twin the well.
Any idea of the % water cut at U1 & 2?
Possible risk of water coneing up if they suck too hard?
CEOChair Didn't say Bru was boring mate. The Ungani wells are of...
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