More good news for Buru, you might want to check their announcement today. Laurel Formation is giving good saturated readings for wet gas, and their may be other plays coming into focus. Better understanding will come after wire line logging, and analysis by geologists in further weeks, followed by the eventual EPT for commerciality. The Deeper Laurel Formation looks like a very interesting play and this is very Positive for OBLers as this formation looks like it runs right through Derby Block. More news to come.
OBL Price at posting:
4.5¢ Sentiment: LT Buy Disclosure: Held
