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1.25% 7.9¢ buru energy limited

Ann: Operations Update - Ungani oilfield production & well tests, page-2

  1. cujo
    13,293 Posts.
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    14/05/18
    08:35
    Post #: 33068149
    The Ungani 1 and Ungani 2 wells are producing at a combined rate of up to 1,700 bopd on low pump rate settings at average watercuts of around 29%, which is in line with expectations.

    Can someone explain this level of water cut to me and why it seems high.
    BRU Price at posting: 38.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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