Hey Langdon. I think there is probably two options. Shallow targets, and a deeper well to test the GoGo formation (just me speculating). Like Bhutos, I would not think Blina is on the cards, although as you say, its actually the most likely to hold significant amounts of oil. I have wondered for many years if it would have been worth doing a horizontal well, or even a mix, as they can pretty much drill every direction they want now.
Regarding Kimberley O & G, that rings a bell, but I will have to hunt around to see if there was anything more concrete.
Bhutos, of course, like you, the Ungani trend is more exciting, but I do like that BRU is looking at getting as many wells as possible drilled. From the update, I get the impression that all the wells will be shallow.
I wonder whatever happened to our fancy imported rig btw?
BRU Price at posting:
93.5¢ Sentiment: Buy Disclosure: Held
