BRU 1.45% 6.8¢ buru energy limited

Ann: Weekly Drilling Report - Victory 1, page-32

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  1. 12,048 Posts.
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    Richard, prob worth reading Yatchys posts. My best attempt is they have had issues at all of the Ungani wells when they have hit the dolomites. So slow progress, also they undertook wire logging plus are now running casing. So just about to drill into the primary objectives of the well.

    I must admit I had been thinking that if the drilling was going well, they may have already have reached the initial target, but nope, just drilling slowly. Pretty sure BRU is priced for failure anyway so any positive result is going to do wonders for the SP.

    Good luck all holders. Hopefully get another update soon announcing the spudding of the Senagi well and perhaps a little more info on the 2 stimulated wells.
 
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