BRU 6.25% 8.5¢ buru energy limited

The unlocking of the basin is accelerating. A fairway along the...

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    The unlocking of the basin is accelerating.
    A fairway along the Southern flank of the basin has been identified as a strong geological trend holding both a high probability of gas and condensate in multiple deeper seismic signatures analogous to Raf-1, but equally incredible, the high probability of oil prospects analogous to Shallow.
    Whilst the 3C is disappointing, Phase 1 will proceed as planned, whilst follow-up prospects are strategically ranked.
    Phase 1 revenue will enable the momentum to build to a self-sustaining business model that will hopefully reduce the farm-out requirements in the future.
    Right now, it's all about Shallow. The implications of a significant viable discovery will change everything for us.
 
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