BRU buru energy limited

Ann: Update Drilling Report - Ungani 4, page-105

  1. 2,672 Posts.
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    This is exactly what happened when Ungani was discovered. Yakka Munga was on the drilling schedule in 2011 after Ungani amongst several other drills and deepenings. When we struck oil at Ungani we immediately changed focus to U2 and UN as you should. I'm perfectly happy for a success off the bat with Kilto, it's basically Ungani 2.0 with a better location.

    The only thing that might possibly change this is that it's possible they contract two rigs given that Rafael is significantly deeper than Kilto and it might not be a simple matter of changing the next few drills the one rig was going to do to be Kilto appraisals. Of course they could simply do all drilling with a rig capable of testing Rafael and drill it first.
    Last edited by stockle_andrew: 30/11/17
 
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