BRU 5.49% 8.6¢ buru energy limited

Ann: Operational Update, page-3

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    So we have a new gas/condensate drilling target, Rafael Shallow to drill this year, partner required, says confident of rig. Would provide more immediate commercial options if successful and increase value of everything else.
    Previously planned Rafael Appraisal now 2025, spending more time on analysis, assume Partner selection later this year.
    Potential Ungani Mars drilling with partner. Doesn’t say whether restarting or not…?
    Last edited by CEOChair: 24/04/24
 
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