NSE 0.00% 0.4¢ new standard energy limited

BrucesterferI don't believe there is anything remarkable in the...

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    Brucesterfer

    I don't believe there is anything remarkable in the area of Cyrene-1 well. I don't know the permit requirements for that tenement but maybe Buru have to drill a well on that one, therefore Cyrene-1 has to be drilled.

    Btw, I don't agree with Slampoil that Buru has many interesting prospects to drill atm. The best are to drill for Buru now is REY's tenements. Other tenements would take 3 or 4 years to find and prove something. However Buru can prove up tens of TCF gas, find double of Ungani like oil field under the tenements of REY, and then they can come up with higher stock price in a short time which I believe the desire of the management and shareholders of Buru.

    You will see now that Buru will make an agreement wiht REY to drill these tenements asap. (if they are smart enough to do so IMO)
 
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