just a thaught..., page-2

Hi mistermagic

One can only imagine what this type of deal would do for OBL.

"Buru Energy Limited (“Buru”) is pleased to announce that Mitsubishi Corporation (“MC”) has exercised its option to participate in Buru’s 2012 Unconventional Exploration Program in the Canning Superbasin. By exercising this option MC has confirmed its commitment to fund A$40 million of the first A$50 million spent on unconventional exploration by the joint venture in 2012. In return, MC will earn a 50% interest in the unconventional resources in Buru’s exploration permits. A copy of the release made by MC in Japan today is attached."