Ann: Drilling Program Update , page-20

If this was an oil well then plugged and abandoned means DUSTER.However in this case the well is a survey well with the object of defining coal seams and the ability of the coal to produce gas. For BUL it means progress towards defining a commercial gas production field. It would be silly to set up production infrastructure in the HOPE there was sufficient gas available.

Slow and steay wins the race. BUL is for long term investors not for traders that want instant wealth.