Yep, Jop. Way I think of it is Miani success would be a monumental bonus, but the increased production from the H wells is an absolute must. I want both, but I can live without Miani if I have to, even though it would add substantially more to the SP, as I don’t think SP will fall off much if it’s a fail. H well success is so probable the company spent all dry season increasing handling capacity. So it’s an absolute must we cannot live without like wildcat exploration success.
Anyone want to run through the way things will pan out if Miani is an oil discovery?
eg 1st you get confirmation of oil being encountered, then wireline logging, size of oil column announced a few days later, production test, blah blah blah... timeframes please... then what? Ta. (If you have nothing better to do than watch the Proper Rugby QFs and Brexit Shmexit, should be a great w/e of sport...
BRU Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
