When awaiting news and seeing the price move down, it's only natural to get some doubts. But i think it's important to look beyond Trunchard #1. Heintschel #2 is the key, and imo should've been drilled first.
But even being conservative and looking at the Heintschel field's low case scenario of 4 wells, we hit critical mass where we drill 'free of charge'. And this is with Trunchard being dry which I doubt but acknowledge it's a possibility.
BUR Price at posting:
6.2¢ Sentiment: LT Buy Disclosure: Held
