BRU 0.00% 4.6¢ buru energy limited

Ann: Quarterly Activities and Cash Flow Report September 2016-BRU.AX, page-20

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  1. 27,686 Posts.
    lightbulb Created with Sketch. 4748
    Excellent summary, thanks Spec. Yes, the stimulation well for production test must be UFW, that's good news, apart from the well itself, it pretty much says by then we will have the other producers pumping oil with the infrastructure and export route sorted out. I can't see how they don't announce finalization of these plans shortly if it is to be ready by dry season.
    Re: the other high value target to be drilled, do you agree this must be Praslin North-1? They mark Praslin on the map with grey button and that's still the only approval that's gone through the EARS site "Ophir 1 and Praslin North 1 Well Drilling BD 12" (from June) - no idea what's happened to Ophir-1 though?


    The wells will be drilling using a small modular footprint drilling rig, such as a truck mounted slimhole drilling rig. The drilling rig will operate 24 hours a day, seven days a week with two crew shifts totalling approximately 20 personnel for the drilling operations. A Company Representative will supervise the Activity.

    Drilling a well generally involves the following key stages:

    •   Drilling the well as a number of hole sections/intervals with decreasing diameter.

    •   Installing steel well casings in drilled hole sections.

    •   Filling the annulus outside the well casings with cement as required for well integrity.

    •   Conducting wireline logging hole sections.

      Further testing may be conducted to evaluate prospective zones if positive results of hydrocarbons are determined during initial testing. This will be undertaken following completion of drilling operations and demobilisation of the drilling rig.
    https://ace.dmp.wa.gov.au/ACE/Public/PetroleumProposals/ViewPlanSummary?registrationId=56684
 
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