BRU 1.25% 8.1¢ buru energy limited

Ann: Operations Update, page-2

  1. 11,751 Posts.
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    Always happy to see the ship sail away with 50k of oil, but... no mention of when it will be coming back.
    i.e. couple that with a big hole in the update, being the actual production rate right now and I am guessing the field is producing even less than 1400bopd? Hopefully not much less, but then the lack of a number implies to me they don't want to talk about it.

    Hopefully we will get a full presentation with an operational plan for the next 5-6 months, as talk of U4, U5 beam pump etc is nice. I would prefer though to have a fully fleshed out plan, even if it is obviously going to have to be flexible due the variability of operational issues.

    I really do hope the State agreement gets signed off ASAP, or as fast as the Governor can pick up a pen. As BRU needs that done and dusted so we can finally... finally actually use the rig that has been sitting there for..... 7 full months.... oh boy am I expecting the rig to work like a Rolex considering all the time they have to polish that bugger!
 
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