BRU 0.00% 4.9¢ buru energy limited

Ann: Operations Update, page-11

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  1. 12,102 Posts.
    lightbulb Created with Sketch. 6910
    A fairly light... update.
    Yes, I am happy about the farmout being concluded this year, but... I just wonder, will they be looking to do 3D seismic before drilling, or.. concurrently, or.....

    A shame they are so tight lipped about the production rates for Ungani, I was hoping it would be a bit higher considering the extra section at Ugani Far West now online.

    Guesses regarding the farmout?

    3 exploration wells.
    All close to Ungani (there will likely be wells on Ungani, but... they don't count).
    Partial funding of further 3D seismic closer to Broome.

    Back to my cave!
 
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