Richy, I really don't think there is any need to worry about the lack of info on Ungani North. This is probably by design-keeping a lid on the speculation seems to be the plan.
When Buru finally appraise this discovery, we may be in for a very pleasant surprise. A well drilled updip of the discovery well has a lot of dolomite formation to work with-250 metres from memory. And there is always the possibility that a new well drilled into this formation will yield better reservoir quality too. Dolomite reservoirs are very hard to predict in this sense.
I am very much looking forward to seeing activity at Ungani North and I am sure that the company is too.
BRU Price at posting:
$1.52 Sentiment: None Disclosure: Held
