BRU 3.26% 8.9¢ buru energy limited

Five Predictions, page-23

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    this is a great piece of work - helps give SH a sense of what the company is sitting on.

    The key to this will be the results of the Raphael workover and testing program. We should all be encouraged by the 1TCF contingent resource size, which has been factored down by use of lower recovery factor. So could be as high as 1.5TCF

    Dolomitised reservoirs are always tricky as to effective porosity - . Once workover is done and commercial flow rates have been established - this will take on a new shine and the above numbers will come to life.

    Still have two other sections behind casing to test as well. Loaded up on the rights.
    Last edited by alexei ii: 31/05/22
 
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